Gary Shorb - 17 May 2022 Form 4 Insider Report for MID AMERICA APARTMENT COMMUNITIES INC. (MAA)

Role: Director
Signature: /s/ Kellye Clouse
Issuer symbol: MAA
Transactions as of: 17 May 2022
Net transactions value: +$171,783
Form type: 4
Filing time: 19 May 2022, 16:54:12 UTC
Previous filing: 23 Mar 2022
Next filing: 28 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MAA	Common Stock						4,796	17 May 2022	Direct

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	MAA	Phantom Stock	Award	$147,419	+835	+3.9%	$176.55	22,428	17 May 2022	Common Stock	835	$0.000000	Direct	F1
transaction	MAA	Phantom Stock	Award	$24,364	+138	+0.62%	$176.55	22,566	17 May 2022	Common Stock	138	$0.000000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock are payable in two equal annual installments beginning within the 90 days following the calendar year in which the reporting person ceases to serve as a director, in cash or common stock, at the election of the reporting person.