SPRAIN JEFFREY R (See Remarks) purchased 34.8% of their position (1.25K shares) of PREFERRED APARTMENT COMMUNITIES INC on the open market
Open‑market purchase worth $8.9K — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 3/18/2020ACC: 0001638599-20-000316
Officer· See Remarks
Since Jan 2019
+1.25K
Net shares
Net buyer
$8.9K
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
1.25K acquired
Non-Derivative Transactions1
Common Stock, par value $0.01 per share
Direct
Shares
+1.25K
Price / share
$7.16
Trade value
$8.95K
% of position
34.8%
3/17/2020
3.59K→4.84K
Total
Net shares
+1.25K
Net value
$8.95K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share Direct | 3/17/2020 | P · Purchase | +1.25K | $7.16 | $8.95K | 34.8% | 3.59K | 4.84K |
| Total | +1.25K | $8.95K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)1
Class A Units
DirectUnderlying security
Common Stock
Underlying shares
10.41K
Shares owned
10.41K
Exercise price
Expiration
—
Exercise window
—
Total
Underlying
10.41K
Owned
10.41K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Class A Units Direct | Common Stock | — | — | 10.41K | 10.41K | |
| Total | 10.41K | 10.41K | ||||