Shelly R. Hampton - 03 Mar 2023 Form 4 Insider Report for Armada Hoffler Properties, Inc. (AHH)

Role
President of Asset Management
Signature
/s/ Louis S. Haddad, as Attorney-in-Fact for Shelly R. Hampton
Issuer symbol
AHH
Transactions as of
03 Mar 2023
Net transactions value
-$96,482
Form type
4
Filing time
07 Mar 2023, 16:08:04 UTC
Previous filing
07 Mar 2022
Next filing
25 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AHH Common Stock Award $0 +26,224 +39% $0.000000 93,837 03 Mar 2023 Direct F1
transaction AHH Common Stock Tax liability $96,482 -7,485 -8% $12.89 86,352 03 Mar 2023 Direct F2

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
holding AHH Common Units 58,799 03 Mar 2023 Common Stock 58,799 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted shares of common stock, 40% of which vested on the grant date, 20% of which will vest on the first anniversary of the grant date, 20% of which will vest on the second anniversary of the grant date and 20% of which will vest on the third anniversary of the grant date, subject to the executive's continued employment on such dates.
F2 Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock.
F3 Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P., the operating partnership of Armada Hoffler Properties, Inc. (the "Company") and of which the Company is the general partner. Commencing one year from the date of issuance, each Common Unit is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. Common Units have no expiration date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney