Lynn Stanfield - Feb 1, 2023 Form 4 Insider Report for APARTMENT INVESTMENT & MANAGEMENT CO (AIV)

Role
EVP and CFO
Signature
Lynn Stanfield
Stock symbol
AIV
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/3/2023, 03:47 PM
Previous filing
Feb 3, 2022
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIV Class A Common Stock Award +37.7K +12.06% 350K Feb 1, 2023 Direct F1, F2, F3
holding AIV Class A Common Stock 1.37K Feb 1, 2023 Held through 401 (K) plan, which information is based on a plan statement dated 1-31-2023

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 AIV LTIP Units of Aimco OP L.P. Award +3.27K +42.25% 11K Feb 1, 2023 Partnership Common Units 3.27K Direct F4, F5, F6, F7
transaction AIV LTIP II Units of Aimco OP L.P. Award +6.86K 6.86K Feb 1, 2023 Partnership Common Units 6.86K Direct F4, F8, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares vest one-third on each anniversary of the grant date of February 1, 2023, beginning with the first anniversary.
F2 Stock award approved by Compensation and Human Resources Committee in connection with a portion of 2023 long-term incentive compensation, price column not applicable.
F3 Reflects securities transferred pursuant to a domestic relations agreement.
F4 Pursuant to the Amended and Restated Agreement of Limited Partnership of Aimco OP L.P. (the "Partnership Agreement"), a holder of LTIP Units or LTIP II Units has the right to convert all or a portion of such holder's vested LTIP or LTIP II 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 Aimco OP L.P. to redeem such holder's Partnership Common Units, which redemption may be for Class A Common Stock of Apartment Investment and Management Company 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 Aimco OP L.P.
F5 Equity 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 LTIP Units was subject to satisfaction of total shareholder return criteria over the period compared to specified indices.
F6 The LTIP Units vest 50% on February 1, 2023, and 50% on January 28, 2024.
F7 The LTIP Units do not expire.
F8 Equity 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 LTIP II Units was subject to satisfaction of total shareholder return criteria over the period compared to specified indices.
F9 The LTIP II Units vest 50% on February 1, 2023, and 50% on January 28, 2024.
F10 The LTIP II Units do not expire.