Thomas H. Purcell - 13 Aug 2021 Form 4 Insider Report for Steadfast Apartment REIT, Inc.

Role
Director
Signature
/s/ Gustav Bahn, as Attorney-In-Fact for Thomas H. Purcell
Issuer symbol
N/A
Transactions as of
13 Aug 2021
Net transactions value
$0
Form type
4
Filing time
13 Aug 2021, 17:03:08 UTC
Next filing
16 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Award $0 +4,823 +22% $0.000000 26,565 13 Aug 2021 Direct F1, F2
holding Common Stock 3,860 13 Aug 2021 By THP Management, LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 The reporting person received additional shares pursuant to the Issuer's distribution reinvestment plan.