X0206 3 2016-12-01 0 0000912595 MID AMERICA APARTMENT COMMUNITIES INC MAA 0001232996 FRENCH RUSSELL R 6584 POPLAR AVE MEMPHIS TN 38138 1 Common Stock 22843 D PPS Phantom Stock Common Stock 18093.6239 D As of December 1, 2016, the Issuer acquired Post Properties, Inc. pursuant to the Agreement and Plan of Merger dated as of August 15, 2016 by and among Mid-America Apartment Communities, Inc., Mid-America Apartments, L.P., Post Properties, Inc., Post GP Holdings, Inc. and Post Apartment Homes, L.P. Each outstanding share of Post Properties, Inc. Common Stock was converted into .71 shares of MAA Common Stock with cash paid for fractional shares. Phantom stock units were held in the Post Properties, Inc. Amended and Restated Deferred Compensation Plan. Value of the units will be settled in cash as a result of the Parent Merger pursuant to the Agreement and Plan of Merger dated as of August 15, 2016, by and among Mid-America Apartment Communities, Inc., Mid-America Apartments, L.P., Post Properties, Inc., Post GP Holdings, Inc., and Post Apartment Homes, L.P. /s/ Leslie Wolfgang 2016-12-09