A. Russell Kirk - 04 Apr 2024 Form 4 Insider Report for Armada Hoffler Properties, Inc. (AHH)

Role
Director
Signature
/s/ Matthew T. Barnes-Smith, Attorney-in-Fact for A. Russell Kirk
Issuer symbol
AHH
Transactions as of
04 Apr 2024
Net transactions value
+$9,364
Form type
4
Filing time
08 Apr 2024, 18:59:40 UTC
Previous filing
03 Apr 2024
Next filing
03 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AHH Common Stock Purchase $9,364 +913 +2% $10.26 46,593 04 Apr 2024 By Spouse F1, F2
holding AHH Common Stock 17,192 04 Apr 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 1,142,394 04 Apr 2024 Common Stock 1,142,394 Direct F3, F4
holding AHH Common Units 39,347 04 Apr 2024 Common Stock 39,347 By Spouse F2, F3, F4
holding AHH Common Units 91 04 Apr 2024 Common Stock 91 By Limited Partnership F3, F4, F5
holding AHH LTIP Units 4,645 04 Apr 2024 Common Stock 4,645 Direct F4, F6
* 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 The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F3 Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P. (the "Operating Partnership"), the operating partnership of Armada Hoffler Properties, Inc. (the "Company") and of which the Company is the general partner.
F4 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.
F5 Represents Mr. Kirk's pecuniary interest in Common Units held by a limited partnership.
F6 Represents LTIP Units ("LTIP Units") in the Operating Partnership. Under the limited partnership agreement of the Operating Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, following the date on which the LTIP Units vest, LTIP Units are convertible into Common Units at the holder's option. Under the award agreement pursuant to which the LTIP Units were granted to the reporting person, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. LTIP Units have no expiration date.