Danielle M. Spehar - 07 Dec 2021 Form 4 Insider Report for AGREE REALTY CORP (ADC)

Signature
/s/ Cheryl A. Hamilton, Attorney-in-Fact
Issuer symbol
ADC
Transactions as of
07 Dec 2021
Net transactions value
-$6,200
Form type
4
Filing time
09 Dec 2021, 15:05:22 UTC
Next filing
25 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADC Common Shares Tax liability $6,200 -88 -1.3% $70.46 6,871 07 Dec 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common shares withheld by the Issuer as payment of tax withholdings due upon vesting of 220 common shares.