William W. Talbot - Feb 28, 2022 Form 4 Insider Report for AMERICAN CAMPUS COMMUNITIES INC (ACC)

Role: EVP, Chief Investment Officer
Signature: /s/ Kim K. Voss, Attorney-in-fact
Stock symbol: ACC
Transactions as of: Feb 28, 2022
Transactions value $: -$573,951
Form type: 4
Date filed: 3/2/2022, 11:55 AM
Previous filing: Jan 26, 2022
Next filing: Aug 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACC	Common stock	Tax liability	-$574K	-10.7K	-5.5%	$53.81	183K	Feb 28, 2022	Direct	F1
holding	ACC	Common stock						1.02K	Feb 28, 2022	See footnote	F1

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

Explanation of Responses:

Id	Content
F1	Reflects transfer of 1,016 shares to a charitable foundation in the reporting person's name, an entity controlled by the reporting person. By reason of the provisions of Rule 16a-1 of the Securities Exchange Act 1934, as amended, the reporting person may be deemed to be the beneficial owner of all of the American Campus Communities, Inc. common stock owned by the charitable foundation, although he disclaims beneficial ownership of those shares, except to the extent of any indirect pecuniary interest therein.

Content

Reflects transfer of 1,016 shares to a charitable foundation in the reporting person's name, an entity controlled by the reporting person. By reason of the provisions of Rule 16a-1 of the Securities Exchange Act 1934, as amended, the reporting person may be deemed to be the beneficial owner of all of the American Campus Communities, Inc. common stock owned by the charitable foundation, although he disclaims beneficial ownership of those shares, except to the extent of any indirect pecuniary interest therein.