form_8-k.htm

0000912595-10-000029.txt : 20100503 0000912595-10-000029.hdr.sgml : 20100503 20100503091806 ACCESSION NUMBER: 0000912595-10-000029 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100429 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100503 DATE AS OF CHANGE: 20100503 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MID AMERICA APARTMENT COMMUNITIES INC CENTRAL INDEX KEY: 0000912595 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 621543819 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12762 FILM NUMBER: 10789833 BUSINESS ADDRESS: STREET 1: 6584 POPLAR AVE STREET 2: STE 340 CITY: MEMPHIS STATE: TN ZIP: 38138 BUSINESS PHONE: 9016826600 MAIL ADDRESS: STREET 1: 6584 POPLAR AVE STREET 2: SUITE 340 CITY: MEMPHIS STATE: TN ZIP: 38138 8-K 1 form_8-k.htm FORM 8K: PR: MAA: REDEMPTION 50% SERIES H PREFERRED STOCK form_8-k.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) May 3, 2010 (May 3, 2010)

MID-AMERICA APARTMENT COMMUNITIES, INC.

(Exact name of registrant as specified in its charter)

TENNESSEE	1-12762	62-1543819
(State of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

6584 Poplar Avenue, Suite 300
Memphis, Tennessee	38138
(Address of principal executive offices)	(Zip Code)

(901) 682-6600

(Registrant's telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 7.01 Regulation FD Disclosure

On May 3, 2010, the registrant issued a press release announcing that it will redeem for cash approximately 50%, subject to rounding of fractional shares, of the 6,200,000 shares issued and outstanding of the Company’s 8.30% Series H Cumulative Redeemable Preferred Stock on the redemption date of June 2, 2010.

A copy of the press release is furnished as Exhibit 99.1 to this Current Report.

ITEM 9.01 Financial Statements and Exhibits

(c)	Exhibits

	Exhibit Number	Description
	99.1	Press Release dated May 3, 2010

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	MID-AMERICA APARTMENT COMMUNITIES, INC.
Date: May 3, 2010	/s/Albert M. Campbell, III
	Albert M. Campbell, III
	Executive Vice President and Chief Financial Officer
	(Principal Financial and Accounting Officer)

EX-99.1 2 ex_99-1.htm PRESS RELEASE DATED MAY 3, 2010 ex_99-1.htm

MID-AMERICA APARTMENT COMMUNITIES, INC.

A self-managed equity REIT

MID-AMERICA APARTMENT COMMUNITIES, INC. TO REDEEM 50% OF SHARES OF 8.30% SERIES H CUMULATIVE REDEEMABLE PREFERRED STOCK

Memphis, TN, May 3, 2010. Mid-America Apartment Communities, Inc. (NYSE: MAA), or the Company, announced today that it will redeem for cash approximately 50%, subject to rounding of fractional shares, of the 6,200,000 shares outstanding of the Company’s 8.30% Series H Cumulative Redeemable Preferred Stock, or the Shares, on the redemption date of June 2, 2010.

The Company will pay a redemption price for the Shares of $25.00 per share plus all unpaid accumulated dividends to and including the redemption date. The redemption price will be due and payable in cash to the holders of the Shares on the redemption date. Dividends on the Shares will cease to accrue, and the Shares will no longer be deemed outstanding from and after the redemption date. All rights of the holders of the Shares, except the right to receive the redemption price, will cease on and after the redemption date.

Payment of the redemption price will be made on or after the redemption date, and will be made only upon surrender of a holder’s certificates representing the Shares to American Stock Transfer & Trust Company LLC, 6201 - 15th Avenue, Brooklyn, New York 11219, Attention: Reorganization Department.

A redemption notice will be mailed, first class, postage prepaid, on May 3, 2010 to all holders of record of the Shares as of April 27, 2010. Copies of the redemption notice may be requested from American Stock Transfer & Trust Company LLC, by calling 877-248-6417.

The redemption price will be paid by the Company from the proceeds of sales of shares of its common stock through at-the-market offerings through a controlled equity offering program.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities of the Company.

About Mid-America Apartment Communities, Inc.

Mid-America is a self-administered, self-managed apartment-only real estate investment trust, which currently owns or has ownership interest in 43,605 apartment units throughout the Sunbelt region of the U.S. For further details, please refer to the Mid-America website at www.maac.net or contact Investor Relations at investor.relations@maac.net or by mail at 6584 Poplar Ave., Memphis, TN 38138.