Key facts
- This page summarizes Jason S. Stern's Form 4 filing for Steadfast Apartment REIT, Inc..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 16 Dec 2021, 08:25.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Disposed to Issuer
Additional SEC filing notes
Section 16 status
Jason S. Stern is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Footnote F1
Reflects the disposition of shares of the issuer's common stock in connection with the merger (the "Merger") of the issuer with and into IRSTAR Sub, LLC, a wholly-owned subsidiary of Independence Realty Trust, Inc. ("IRT"). In the Merger, each share of the issuer's common stock, par value $0.01 per share, was converted into the right to receive 0.905 shares of common stock of IRT, par value $0.01 per share.
Footnote F2
In connection with the Merger, 25,993.72 shares of restricted common stock (the "Restricted Stock") were converted into a number of shares of IRT common stock (rounded up or down to the nearest whole share) equal to the product of (x) 25,993.72 and (y) 0.905, and such IRT common stock is subject to the same terms and conditions (including, without limitation, the same vesting conditions and vesting accelerators) as were applicable to such Restricted Stock immediately prior to the Merger.