Key facts
- This page summarizes Eric Marlin's Form 4 filing for Cottonwood Communities, Inc..
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 11 Jan 2022, 15:30.
Eric Marlin - 07 Jan 2022 Form 4 Insider Report for Cottonwood Communities, Inc.
- Reporting relationship
- Executive Vice President, Capital Markets
- Issuer ticker
- N/A
- Reported as of
- 07 Jan 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 11 Jan 2022, 15:30:15 UTC
- Prior SEC filing
- 17 May 2021
- Next SEC filing
- 10 Jan 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Adam Larson, Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Eric Marlin filed Form 4 for Cottonwood Communities, Inc. on 11 Jan 2022.
Change
- Previous filing in this sequence was filed on 17 May 2021.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
No ticker
transaction
Derivative
LTIP Units
Award
- Transaction value
- Shares
- +7,250
- Change %
- +15%
- Price
- Shares after
- 54,334
- Date
- 07 Jan 2022
- Ownership
- Direct
- Underlying class
- Class I Common Stock, par value $0.01 per share
- Underlying amount
- 7,250
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
The long-term incentive plan units ("LTIP Units") of Cottonwood Residential O.P., LP, a Delaware limited partnership ("Operating Partnership"), of which Cottonwood Communities, Inc., a Maryland corporation (the "Issuer"), is the sole member of the sole general partner, were granted to the reporting person on January 7, 2022 as equity incentive compensation. The LTIP Units vest annually in equal installments over a four-year period with the first 25% vesting on January 1, 2023, subject to continued service.
Footnote F2
Represents LTIP units granted to the reporting person as equity incentive compensation. Over time, the LTIP Units can achieve full parity with common units of limited partnership of the Operating Partnership ("OP Units") for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's Class I common stock or, at the Issuer's election, for shares of the Issuer's Class I common stock on a one-for-one basis. LTIP Units do not have an expiration date.
SEC remarks
Executive Vice President, Capital Markets