Thomas N. Bohjalian - 28 Jun 2024 Form 4 Insider Report for Apartment Income REIT Corp.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 28 Jun 2024
Net transaction value: -$811,740
SEC form: 4
Accepted by SEC: 02 Jul 2024, 21:47:57 UTC
Prior SEC filing: 27 Jun 2024
Next SEC filing: 13 Aug 2024
Source filing: View source filing
Reporting owner signature: /s/ Thomas Bohjalian

Key filing fact

Thomas N. Bohjalian filed Form 4 for Apartment Income REIT Corp. on 02 Jul 2024.

Key facts

This page summarizes Thomas N. Bohjalian's Form 4 filing for Apartment Income REIT Corp..
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 02 Jul 2024, 21:47.

Change

Previous filing in this sequence was filed on 27 Jun 2024.
Current net transaction value: -$811,740.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AIRC transaction

Class A Common Stock

Disposed to Issuer

Transaction value: $811,740
Shares: -20,750
Change %: -100%
Price: $39.12
Shares after: 0
Date: 28 Jun 2024
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Thomas N. Bohjalian is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

On June 28, 2024, the Issuer was acquired by Apex Purchaser LLC, Aries Purchaser LLC and Astro Purchaser LLC (collectively, the "Parent Entities"), pursuant to that certain Agreement and Plan of Merger entered into by and among the Issuer, the Parent Entities and Astro Merger Sub, Inc., a wholly owned subsidiary of the Parent Entities and an affiliate of Blackstone Real Estate Partners X L.P. ("Merger Sub"), dated as of April 7, 2024 (the "Merger Agreement"). Pursuant to the terms of the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer surviving such merger as a wholly-owned subsidiary of the Parent Entities (the "Merger").

Footnote F2

At the effective time of the Merger (the "Effective Time"), each share of the Issuer's Class A common stock outstanding immediately prior to the Effective Time (other than certain excluded shares) was automatically canceled and converted into the right to receive $39.12 in cash, without interest and subject to any required withholding taxes.