| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NONE | Common Stock | Disposed to Issuer | -3.23K | -100% | 0 | Dec 16, 2021 | Direct | F1 | ||
| transaction | NONE | Common Stock | Disposed to Issuer | -3.23K | -100% | 0 | Dec 16, 2021 | By spouse | F1, F2 | ||
| transaction | NONE | Common Stock | Disposed to Issuer | -22.4K | -100% | 0 | Dec 16, 2021 | By Stephen Bowie Family Trust | F1, F3, F4 |
Stephen R. Bowie is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Reflects the disposition of shares of the issuer's common stock in connection with the merger (the "Merger") of the issuer with and into IRSTAR Sub, LLC, a wholly-owned subsidiary of Independence Realty Trust, Inc. ("IRT"). In the Merger, each share of the issuer's common stock, par value $0.01 per share, was converted into the right to receive 0.905 shares of common stock of IRT, par value $0.01 per share. |
| F2 | These shares were held directly by the reporting person's spouse. The reporting person may have been deemed to beneficially own the shares held by his spouse, but the reporting person disclaims beneficial ownership of such shares except to the extent of the reporting person's pecuniary interest in them. |
| F3 | In connection with the Merger, 8,951.90 shares of restricted common stock (the "Restricted Stock") were converted into a number of shares of IRT common stock (rounded up or down to the nearest whole share) equal to the product of (x) 8,951.90 and (y) 0.905, and such IRT common stock is fully vested as of the Merger. |
| F4 | These shares were held directly by the Stephen Bowie Family Trust. The reporting person may have been deemed to beneficially own the shares held by the Stephen Bowie Family Trust. |