Eric E. Apperson - Apr 7, 2022 Form 4 Insider Report for Armada Hoffler Properties, Inc. (AHH)

Role
President of Construction
Signature
/s/ Louis S. Haddad, as Attorney-in-Fact for Eric E. Apperson
Stock symbol
AHH
Transactions as of
Apr 7, 2022
Transactions value $
-$24,325
Form type
4
Date filed
3/7/2023, 04:09 PM
Previous filing
Mar 7, 2022
Next filing
Apr 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AHH Common Stock Purchase $10.2K +711 +0.97% $14.32 74.1K Apr 7, 2022 Direct F1
transaction AHH Common Stock Purchase $10.3K +788 +1.06% $13.12 74.9K Jul 7, 2022 Direct F1
transaction AHH Common Stock Purchase $11.8K +1.11K +1.48% $10.60 76K Oct 6, 2022 Direct F1
transaction AHH Common Stock Purchase $12K +1.01K +1.33% $11.80 77K Jan 5, 2023 Direct F1
transaction AHH Common Stock Award $0 +21K +27.24% $0.00 98K Mar 3, 2023 Direct F2
transaction AHH Common Stock Tax liability -$68.6K -5.32K -5.43% $12.89 92.7K Mar 3, 2023 Direct F3

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 225K Apr 7, 2022 Common Stock 225K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares purchased pursuant to a broker-sponsored dividend reinvestment program.
F2 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.
F3 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.
F4 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