Louis S. Haddad - 09 May 2023 Form 4 Insider Report for Armada Hoffler Properties, Inc. (AHH)

Role: President, CEO, Director
Signature: /s/ Matthew T. Barnes Smith, Attorney-in-Fact for Louis S. Haddad
Issuer symbol: AHH
Transactions as of: 09 May 2023
Net transactions value: $0
Form type: 4
Filing time: 11 May 2023, 17:29:42 UTC
Previous filing: 07 Mar 2023
Next filing: 22 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AHH	Common Stock	Other	$0	-75,321	-17%	$0.000000	370,263	09 May 2023	Direct	F1
holding	AHH	6.75% Series A Preferred Stock						5,000	09 May 2023	Direct

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						2,108,918	09 May 2023	Common Stock	2,108,918		Direct	F2

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

Explanation of Responses:

Id	Content
F1	As a result of Armada Hoffler Properties, Inc. (the "Company") inadvertently issuing more shares of common stock than were available for issuance under the Armada Hoffler Properties,Inc. Amended and Restated 2013 Equity Incentive Plan, Mr. Haddad forfeited 75,321 restricted shares of common stock.
F2	Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P., the operating partnership of 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. All Common Units in this report were issued more than one year prior to the date hereof and, therefore, may be tendered for redemption by the holder. Common Units have no expiration date.

Content

As a result of Armada Hoffler Properties, Inc. (the "Company") inadvertently issuing more shares of common stock than were available for issuance under the Armada Hoffler Properties,Inc. Amended and Restated 2013 Equity Incentive Plan, Mr. Haddad forfeited 75,321 restricted shares of common stock.

Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P., the operating partnership of 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. All Common Units in this report were issued more than one year prior to the date hereof and, therefore, may be tendered for redemption by the holder. Common Units have no expiration date.