Lynn Stanfield - 28 Jan 2025 Form 4 Insider Report for APARTMENT INVESTMENT & MANAGEMENT CO (AIV)

Signature
Lynn Stanfield
Issuer symbol
AIV
Transactions as of
28 Jan 2025
Net transactions value
$0
Form type
4
Filing time
30 Jan 2025, 16:18:27 UTC
Previous filing
28 Jan 2025
Next filing
03 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIV Class A Common Stock Award +61,364 +13% 526,650 28 Jan 2025 Direct F1
transaction AIV Class A Common Stock Award +37,120 +7% 563,770 28 Jan 2025 Direct F2, F3
holding AIV Class A Common Stock 1,371 28 Jan 2025 Held through 401 (K) plan, which information is based on a plan statement dated 12-31-2024

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 II Units of Aimco OP L.P. Award +39,541 +577% 46,399 28 Jan 2025 Partnership Common Units 39,541 Direct F4, F5, F6, F7
* 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 2022 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 100% on February 2, 2025.
F2 The shares vest one-third on each anniversary of the grant date of January 28, 2025, beginning with the first anniversary.
F3 Stock award approved by Compensation and Human Resources Committee in connection with a portion of 2025 long-term incentive compensation, price column not applicable.
F4 Pursuant to the Amended and Restated Agreement of Limited Partnership of Aimco OP L.P. (the "Partnership Agreement"), a holder of LTIP II Units has the right to convert all or a portion of such holder's vested 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 2022 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 100% on February 2, 2025.
F7 The LTIP Units do not expire.