Filing Details

Accession Number:
0001569187-24-000076
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-20 16:40:41
Reporting Period:
2024-05-16
Accepted Time:
2024-05-20 16:40:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1569187 Armada Hoffler Properties Inc. AHH Real Estate (6500) 461214914
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1575963 E. Eric Apperson C/O Armada Hoffler Properties, Inc.
222 Central Park Avenue, Suite 2100
Virginia Beach VA 23462
President Of Construction No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-05-16 40,000 $11.59 53,867 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Common Units $0.00 255,124 255,124 Direct
Common Stock LTIP Units $0.00 30,864 30,864 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
255,124 255,124 Direct
30,864 30,864 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.550 to $11.695, inclusive. The Reporting Person undertakes to provide to Armada Hoffler Properties, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
  2. Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P. (the "Partnership"), the operating partnership of the Company. All Common Units in this report were issued more than one year prior to the date hereof and, therefore, may be tendered for redemption by the holder.
  3. Each Common Unit is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. Common Units have no expiration date.
  4. Represents LTIP Units ("LTIP Units") in the Partnership. Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are convertible into Common Units at the holder's option. Under the LTIP Unit award agreement, except in connection with a Change of Control (as defined in the OP Agreement), the LTIP Units may not be converted to Common Units until two years following the date of grant. LTIP Units have no expiration date.