Jeffrey David Sherman - Aug 24, 2021 Form 4 Insider Report for PREFERRED APARTMENT COMMUNITIES INC (APTS)

Role
President - Multifamily
Signature
/s/ Jeffrey R. Sprain, attorney-in-fact
Stock symbol
APTS
Transactions as of
Aug 24, 2021
Transactions value $
-$20,563
Form type
4
Date filed
8/26/2021, 07:51 PM
Previous filing
Jun 21, 2021
Next filing
Jan 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APTS Common Stock, par value $0.01 per share Sale -$20.6K -1.75K -5.8% $11.75 28.4K Aug 24, 2021 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 APTS Class A Units 3.41K Aug 24, 2021 Common Stock 3.41K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Class A Units ("Class A Units") of Preferred Apartment Communities Operating Partnership, L.P., of which Preferred Apartment Communities, Inc. (the "Company") is the general partner. Each Class A Unit may be exchanged for one share of the Company's common stock, or cash, as selected by the Company. Class A Units have no expiration date.