Lisa R. Cohn - Jan 30, 2023 Form 4 Insider Report for Apartment Income REIT Corp. (AIRC)

Role
President & General Counsel
Signature
Lisa R. Cohn
Stock symbol
AIRC
Transactions as of
Jan 30, 2023
Transactions value $
$0
Form type
4
Date filed
2/1/2023, 06:07 PM
Previous filing
Feb 3, 2022
Next filing
Dec 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRC Class A Common Stock Award +9.02K +8.33% 117K Jan 30, 2023 Direct F1
transaction AIRC Class A Common Stock Award +12.5K +10.66% 130K Jan 30, 2023 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AIRC Stock Option (right to buy) Award +14.8K 14.8K Jan 30, 2023 Class A Common Stock 14.8K $47.14 Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock Award approved by Compensation and Human Resources Committee in connection with a portion of 2020 long term incentive compensation, price column not applicable. Receipt of the shares was subject to satisfaction of total shareholder return criteria over the period compared to specified indices. The shares vest 50% on January 30, 2023, and 50% on January 28, 2024.
F2 The shares vest 25% on each anniversary of the grant date of January 30, 2023, beginning with the first anniversary.
F3 Stock Award approved by Compensation and Human Resources Committee in connection with a portion of 2023 long term incentive compensation, price column not applicable.
F4 Option Award approved by Compensation and Human Resources Committee in connection with a portion of 2020 long term incentive compensation, price column not applicable. Receipt of the stock option was subject to satisfaction of total shareholder return criteria over the period compared to specified indices.
F5 The option vests 50% on January 30, 2023, and 50% on January 28, 2024.