Shawn J. Tibbetts - Mar 3, 2023 Form 4 Insider Report for Armada Hoffler Properties, Inc. (AHH)

Role: Chief Operating Officer
Signature: /s/ Louis S. Haddad, as Attorney-in-Fact for Shawn J. Tibbetts
Stock symbol: AHH
Transactions as of: Mar 3, 2023
Transactions value $: -$136,724
Form type: 4
Date filed: 3/7/2023, 04:08 PM
Previous filing: Mar 7, 2022
Next filing: Mar 25, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AHH	Common Stock	Award	$0	+42K	+95.72%	$0.00	85.8K	Mar 3, 2023	Direct	F1
transaction	AHH	Common Stock	Tax liability	-$137K	-10.6K	-12.36%	$12.89	75.2K	Mar 3, 2023	Direct	F2

* 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.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney