Stephen R. Bowie - Aug 13, 2021 Form 4 Insider Report for Steadfast Apartment REIT, Inc. (NONE)

Role
Director
Signature
/s/ Gustav Bahn, as Attorney-In-Fact for Stephen R. Bowie
Stock symbol
NONE
Transactions as of
Aug 13, 2021
Transactions value $
$0
Form type
4
Date filed
8/13/2021, 05:06 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 +27.41% $0.00 22.4K Aug 13, 2021 By Stephen Bowie Family Trust F1, F2
holding NONE Common Stock 3.23K Aug 13, 2021 By spouse F3
holding NONE Common Stock 3.23K Aug 13, 2021 Direct
* 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 These shares are held directly by the Stephen Bowie Family Trust. The reporting person may be deemed to beneficially own the shares held by the Stephen Bowie Family Trust.
F3 These shares are held directly by the reporting person's spouse. The reporting person may be deemed to beneficially own the shares held by his spouse, but the reporting person disclaims beneficial ownership of such shares except to the extent of the reporting person's pecuniary interest in them.