William C. Bayless Jr - Apr 1, 2022 Form 4 Insider Report for AMERICAN CAMPUS COMMUNITIES INC (ACC)

Role: Chief Executive Officer, Director
Signature: /s/ Kim K. Voss, Attorney-in-fact
Stock symbol: ACC
Transactions as of: Apr 1, 2022
Transactions value $: -$2,274,400
Form type: 4
Date filed: 4/5/2022, 10:59 AM
Previous filing: Mar 2, 2022
Next filing: May 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACC	Common stock	Sale	-$2.27M	-40K	-9.84%	$56.86	367K	Apr 1, 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The sale was effected pursuant to a Rule 10b-5 trading plan adopted by the reporting person on January 14, 2022.
F2	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $56.10 to $57.39, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set in this footnote.

Content

The sale was effected pursuant to a Rule 10b-5 trading plan adopted by the reporting person on January 14, 2022.

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $56.10 to $57.39, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set in this footnote.