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Filing Details

Accession Number:: 0001229384-19-000059
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-12-31 17:09:31
Reporting Period:: 2019-03-22

Accepted Time:: 2019-12-31 17:09:31
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
922864	Apartment Investment & Management Co	AIV	Real Estate Investment Trusts (6798)	841259577

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1229384	Terry Considine	4582 S. Ulster Street Suite 1700 Denver CO 80237	Chairman & Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2019-03-22	2,514	$0.00	280,879	No	5	J	Direct
Class A Common Stock	Disposition	2019-12-27	30,000	$51.17	250,879	No	4	S	Direct
Class A Common Stock	Disposition	2019-12-27	32,675	$51.04	1,323	No	4	S	Indirect	See Footnote
Class A Common Stock	Disposition	2019-12-30	37,325	$51.22	213,554	No	4	S	Direct
Class A Common Stock	Disposition	2019-12-30	32,675	$0.00	180,879	No	5	G	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	J	Direct
No	4	S	Direct
No	4	S	Indirect	See Footnote
No	4	S	Direct
No	5	G	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	33,998	Indirect	See Footnote

Footnotes

Aimco effected a 1 for 1.03119 reverse split on February 20, 2019, and then paid a special dividend on March 22, 2019, resulting in the reporting person's ownership of 2,514 additional shares of common stock.
Shares acquired in special dividend paid on March 22, 2019, price column not applicable.
Taking into account the transactions reported on this form, Mr. Considine has an overall equity stake in the company of 4,980,751 shares, partnership units, and options, the details of which are more fully described in footnotes 9, 10, 11, and 12 below.
This is a weighted average price. The prices for which the shares were actually sold ranged from $51.05 to $51.24. The reporting person has provided to the issuer and will provide to any security holder or the staff of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each price within the range.
This is a weighted average price. The prices for which the shares were actually sold ranged from $50.90 to $51.11. The reporting person has provided to the issuer and will provide to any security holder or the staff of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each price within the range.
Held by the reporting person's spouse, for which the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
This is a weighted average price. The prices for which the shares were actually sold ranged from $51.07 to $51.425. The reporting person has provided to the issuer and will provide to any security holder or the staff of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each price within the range.
Shares gifted to reporting person's spouse, for which the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
Taking into account the transactions reported on this form, in addition to the reporting person's overall equity stake in the company, 166,660 shares are held by a tax exempt organization under 501(c)(3) of the Internal Revenue Code, for which the reporting person disclaims beneficial ownership.
In addition to the 180,879 shares held directly, the reporting person holds 2,439,557 common partnership units and equivalents in AIMCO Properties, L.P. ("OP Units"). The 2,439,557 OP Units include 510,452 OP Units held directly by the reporting person, 179,735 OP Units held by an entity in which the reporting person has sole voting and investment power, 1,591,672 OP Units held by Titahotwo Limited Partnership RLLLP ("Titahotwo"), a registered limited liability limited partnership for which the reporting person serves as the general partner and holds a 0.5% ownership interest, and 157,698 OP Units held by the reporting person's spouse, for which the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
In addition to the 180,879 shares held directly, the reporting person holds 1,383,594 unvested partnership units, the vesting of which are subject to certain performance criteria. Upon conclusion of the performance period and depending on the results thereof, the reporting person may vest in all, some or none of the performance-based partnership units.
In addition to the 180,879 shares held directly, the reporting person holds 976,721 stock options, 430,934 of which are vested and exercisable. Of the unvested stock options, the vesting of 353,382 are subject to certain performance criteria. Upon conclusion of the performance period and depending on the results thereof, the reporting person may vest in all, some or none of performance-based stock options.