Considine Terry's Form 4 filing
Apartment Income REIT Corp.AIRC · filed Jan 3, 2022
- Accession no.
- 0001062993-22-000007
- Filed
- Jan 3, 2022, 8:18 AM ET
- Trade date
- Dec 29-31, 2021
- Filing delay
- 5 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 5 non-derivative transactions. Open-market sales total $4.90M. It was filed 5 days after the trade.
This filing was later replaced by the amendment 0001062993-22-000970 (Jan 12, 2022). Trade tables on this site use the amended version.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Considine TerryCIK 0001229384 | Director, Officer (CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 29, 2021 | Class A Common Stock | SSaleDisposed | −20,000 | $54.31F2 | −$1,086,132 | 49,577 | Direct | |
| Dec 30, 2021 | Class A Common Stock | SSaleDisposed | −20,000 | $54.64F3 | −$1,092,822 | 29,577 | Direct | |
| Dec 31, 2021 | Class A Common Stock | SSaleDisposed | −15,001 | $54.96F4 | −$824,493.96 | 14,576 | Direct | |
| Dec 30, 2021 | Class A Common Stock | SSaleDisposed | −17,500 | $54.53F8 | −$954,317 | 17,224 | Indirect | |
| Dec 31, 2021 | Class A Common Stock | SSaleDisposed | −17,224 | $54.97F10 | −$946,777.44 | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
This price is a weighted average price. The price at which the shares were actually sold ranged from $53.86 to $54.81. 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.
Referenced by the price of 1 transaction in Table I.
- F3
This price is a weighted average price. The price at which the shares were actually sold ranged from $54.39 to $54.90. 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.
Referenced by the price of 1 transaction in Table I.
- F4
This price is a weighted average price. The price at which the shares were actually sold ranged from $54.73 to $55.19. 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.
Referenced by the price of 1 transaction in Table I.
- F8
This price is a weighted average price. The price at which the shares were actually sold ranged from $54.41 to $54.64. 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.
Referenced by the price of 1 transaction in Table I.
- F10
This price is a weighted average price. The price at which the shares were actually sold ranged from $54.71 to $55.17. 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.
Referenced by the price of 1 transaction in Table I.
Remarks
The purposes of the dispositions reported this week were to repay bank debt incurred primarily with respect to (i) taxes and tax planning due to non-cash income recognized in 2020 and 2021 and (ii) funding continuing charitable commitments.