Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NONE | Common Stock | Award | $0 | +4.82K | +26.42% | $0.00 | 23.1K | Aug 13, 2021 | Direct | F1 |
Id | Content |
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F1 | On August 13, 2021, Steadfast Apartment REIT, Inc. (the "Issuer") granted the reporting person 4,823.15 shares of restricted common stock pursuant to a Restricted Stock Award Agreement under the Independent Directors' Compensation Plan ("Plan"). The shares of restricted common stock granted to the reporting person pursuant to the Plan vest and become non-forfeitable 50% on the first anniversary of the award date and 50% on the second anniversary of the award date; provided, however, that the restricted common stock will become fully vested on the earlier to occur of (i) the termination of the reporting person's service as a director due to his death or disability, or (ii) a change in control of the Issuer. |