Louis S. Haddad - Mar 4, 2024 Form 4 Insider Report for Armada Hoffler Properties, Inc. (AHH)

Role: CEO, Director
Signature: /s/ Matthew T. Barnes Smith, Attorney-in-Fact for Louis S. Haddad
Stock symbol: AHH
Transactions as of: Mar 4, 2024
Transactions value $: -$124,977
Form type: 4
Date filed: 3/25/2024, 05:28 PM
Previous filing: Feb 9, 2024
Next filing: Mar 13, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AHH	Common Stock	Tax liability	-$125K	-12K	-2.36%	$10.40	497K	Mar 4, 2024	Direct	F1
transaction	AHH	Common Stock	Gift	$0	-11.4K	-2.29%	$0.00	486K	Mar 21, 2024	Direct
holding	AHH	6.75% Series A Preferred Stock						5K	Mar 4, 2024	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						2.11M	Mar 4, 2024	Common Stock	2.11M		Direct	F2

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

Explanation of Responses:

Id	Content
F1	Reflects shares of common stock surrendered to Armada Hoffler Properties, Inc. (the "Company") to satisfy tax withholding obligations in connection with the vesting of 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

Reflects shares of common stock surrendered to Armada Hoffler Properties, Inc. (the "Company") to satisfy tax withholding obligations in connection with the vesting of 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.