Thomas H. Purcell - Aug 13, 2021 Form 4 Insider Report for Steadfast Apartment REIT, Inc. (NONE)

Role
Director
Signature
/s/ Gustav Bahn, as Attorney-In-Fact for Thomas H. Purcell
Stock symbol
NONE
Transactions as of
Aug 13, 2021
Transactions value $
$0
Form type
4
Date filed
8/13/2021, 05:03 PM
Next filing
Dec 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock Award $0 +4.82K +22.18% $0.00 26.6K Aug 13, 2021 Direct F1, F2
holding NONE Common Stock 3.86K Aug 13, 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.