Thomas L. Grimes Jr. - 01 Apr 2022 Form 4 Insider Report for MID AMERICA APARTMENT COMMUNITIES INC. (MAA)

Signature
/s/ Kellye Clouse
Issuer symbol
MAA
Transactions as of
01 Apr 2022
Net transactions value
-$2,195,206
Form type
4
Filing time
05 Apr 2022, 16:35:08 UTC
Previous filing
11 Jan 2022
Next filing
02 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAA Common Stock Award $0 +11,190 +19% $0.000000 69,816 01 Apr 2022 Direct
transaction MAA Common Stock Award $0 +5,467 +7.8% $0.000000 75,283 01 Apr 2022 Direct
transaction MAA Common Stock Tax liability $1,434,577 -6,725 -8.9% $213.32 68,558 01 Apr 2022 Direct F1
transaction MAA Common Stock Sale $760,629 -3,575 -5.2% $212.76 64,983 05 Apr 2022 Direct F2, F3
holding MAA Common Stock 1 01 Apr 2022 For Bena Elizabeth Grimes
holding MAA Common Stock 1 01 Apr 2022 For Virginia Ann Grimes
holding MAA Common Stock 4,067 01 Apr 2022 Allocated Shares in ESOP
holding MAA Common Stock 1,492 01 Apr 2022 Spouse Allocated Shares in ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.
F2 Open market sale pursuant to a trading plan adopted by the Reporting Person on November 29, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, to meet additional tax obligations related to vestings of shares of restricted stock previously earned under prior year restricted stock plans and for diversification purposes.
F3 This sale price represents the average sale price of the shares sold ranging from $209.36 to $214.24 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in the Form 4.