CLAUDE B. NIELSEN - 16 May 2023 Form 4 Insider Report for MID AMERICA APARTMENT COMMUNITIES INC. (MAA)

Role
Director
Signature
/s/ Kellye Clouse
Issuer symbol
MAA
Transactions as of
16 May 2023
Transactions value $
$162,470
Form type
4
Filing time
17 May 2023, 16:32:51 UTC
Previous filing
19 May 2022
Next filing
22 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MAA Common Stock 12.1K 16 May 2023 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 $162K +1.09K +7.32% $148.51 16K 16 May 2023 Common Stock 1.09K $0.00 Direct F1
holding MAA Limited Partnership Units 2.11K 16 May 2023 Common Stock 2.11K Direct F2
* 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.
F2 Units are redeemable for an equal number of shares of the issuer's Common Stock or, at the election of the issuer, cash equal to the fair market value of such shares. Units have no expiration date.