Devin Ignatius Murphy - 22 Sep 2022 Form 4 Insider Report for Apartment Income REIT Corp.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 22 Sep 2022
Net transaction value: +$19,750
SEC form: 4
Accepted by SEC: 22 Sep 2022, 17:51:33 UTC
Prior SEC filing: 05 Aug 2022
Next SEC filing: 17 Jan 2023
Source filing: View source filing
Reporting owner signature: Devin Murphy

Key filing fact

Devin Ignatius Murphy filed Form 4 for Apartment Income REIT Corp. on 22 Sep 2022.

Key facts

This page summarizes Devin Ignatius Murphy's Form 4 filing for Apartment Income REIT Corp..
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 22 Sep 2022, 17:51.

Change

Previous filing in this sequence was filed on 05 Aug 2022.
Current net transaction value: +$19,750.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AIRC transaction

Class A Common Stock

Purchase

Transaction value: $19,750
Shares: +500
Change %: +6%
Price: $39.50
Shares after: 8,886
Date: 22 Sep 2022
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

In addition to the 8,886 shares held directly, the reporting person holds 3,000 LTIP Units. Pursuant to the Seventh Amended and Restated Agreement of Limited Partnership of Apartment Income REIT, L.P. (the "Partnership Agreement"), a holder of LTIP Units has the right to convert all or a portion of such holder's vested LTIP Units into Partnership Common Units (as such term is defined in the Partnership Agreement). Pursuant to the Partnership Agreement, holders of Partnership Common Units have the right to require Apartment Income REIT, L.P. to redeem such holder's Partnership Common Units, which redemption may be for Class A Common Stock of Apartment Income REIT Corp. or a cash amount equal to the value of such shares of Class A Common Stock pursuant to the formula set forth in the Partnership Agreement. The form of currency upon redemption is determined in the sole discretion of Apartment Income REIT, L.P.