0001415889-23-003371.txt : 20230227 0001415889-23-003371.hdr.sgml : 20230227 20230227160613 ACCESSION NUMBER: 0001415889-23-003371 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230223 FILED AS OF DATE: 20230227 DATE AS OF CHANGE: 20230227 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Agree Joey CENTRAL INDEX KEY: 0001348490 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12928 FILM NUMBER: 23674754 MAIL ADDRESS: STREET 1: 70 E. LONG LAKE ROAD CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48034 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AGREE REALTY CORP CENTRAL INDEX KEY: 0000917251 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 383148187 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 70 E. LONG LAKE ROAD CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48034 BUSINESS PHONE: 8107374190 MAIL ADDRESS: STREET 1: 70 E. LONG LAKE ROAD CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48034 4 1 form4-02272023_040256.xml X0306 4 2023-02-23 0000917251 AGREE REALTY CORP ADC 0001348490 Agree Joey 70 E. LONG LAKE ROAD BLOOMFIELD HILLS MI 48304 true true false false PRESIDENT & CEO Common Shares 2023-02-23 4 F 0 26132 73.27 D 456716 D Common Shares 2023-02-23 4 A 0 24567 0 A 481283 D Common Shares 2023-02-23 4 A 0 32970 0 A 514253 D Common Shares 50 I By children Represents common shares withheld by the Issuer as payment of tax withholdings due upon vesting of 59,904 common shares. All of these shares are restricted common shares that were granted to the reporting person by the Issuer's Compensation Committee of the Board of Directors. 8,189, 8,189 and 8,189 of these shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer, on February 23, 2024, February 23, 2025, and February 23, 2026, respectively. Represents the issuance of restricted common shares to the reporting person by the Issuer's Compensation Committee of the Board of Directors upon vesting of the performance shares. 10,990 of the restricted shares issued upon vesting of the performance shares vested immediately on February 23, 2023 while 10,990 and 10,990 of the restricted shares issued shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer, on February 23, 2024 and February 23, 2025, respectively. /s/ Cheryl A. Hamilton, Attorney-in-Fact 2023-02-27