SHERMAN JEFFREY DAVID (President - Multifamily) reported 2 transactions at PREFERRED APARTMENT COMMUNITIES INC
Review the transaction codes below to understand the nature of each event.
Filed: 6/23/2022ACC: 0001415889-22-006876
Officer· President - Multifamily
Since May 2020
-47.42K
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
3
Total transactions
47.42K disposed
Non-Derivative Transactions2
Common Stock, par value $0.01 per share
Direct
Shares
−2K
Price / share
—
Trade value
—
% of position
5.3%
5/24/2022
37.91K→35.91K
Common Stock, par value $0.01 per share
Direct
Shares
−35.91K
Price / share
—
Trade value
—
% of position
New position
6/23/2022
35.91K→0.00
Total
Net shares
−37.91K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share Direct | 5/24/2022 | G · Gift | −2K | — | — | 5.3% | 37.91K | 35.91K |
| Common Stock, par value $0.01 per share Direct | 6/23/2022 | D · Disposition | −35.91K | — | — | New position | 35.91K | 0.00 |
| Total | −37.91K | $0.00 | ||||||
Derivative Transactions1
Class A Units
Direct
Converts to
Common Stock
9.51K shares
Shares
−9.51K
Strike price
Held after
0.00
Exercisable
—
6/23/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Class A Units Direct | Common Stock9.51K shares | 6/23/2022 | D · Disposition | −9.51K | — | 0.00 |