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 |
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. |
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. |