Considine Terry's Form 4/A amendment
AmendedApartment Investment & Management Co (AIV) · filed Aug 23, 2021
- Accession no.
- 0001834606-21-000050
- Filed
- Aug 23, 2021
- Trade date
- Mar 25-29, 2021
- Filing delay
- 151 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Mar 29, 2021
This filing lists 3 non-derivative transactions. Open-market purchases total $1.76M. It was filed 151 days after the trade.
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, Director |
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 |
|---|---|---|---|---|---|---|---|---|
| Mar 25, 2021 | Class A Common Stock | PPurchaseAcquired | +100,000 | $5.79F6 | +$579,000 | 700,000 | Indirect | |
| Mar 26, 2021 | Class A Common Stock | PPurchaseAcquired | +100,000 | $5.94F8 | +$594,000 | 800,000 | Indirect | |
| Mar 29, 2021 | Class A Common Stock | PPurchaseAcquired | +100,000 | $5.86F9 | +$586,000 | 900,000 | 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.
- F1
Taking into account the transactions reported on this form, Mr. Considine has an overall equity stake in the company of 6,560,072 shares, partnership units, and options, the details of which are more fully described in footnotes 2, 3, 4, 5, and 7 below.
- F2
The reporting person holds 184,745 shares directly. In addition, the reporting person holds 2,439,557 common partnership units and equivalents in AIMCO OP 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. The reporting person also holds 114,768 LTIP Units and 413,231 LTIPII Units.
- F3
In addition, as part of his overall equity stake, the reporting person holds 1,722,490 unvested OP 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 OP Units.
- F4
In addition, as part of his overall equity stake, the reporting person holds 750,557 stock options, which are vested and exercisable.
- F5
Held by the reporting person's spouse, for which the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
- F6
This price is a weighted average price. The price at which the shares were actually purchased ranged from $5.735 to $5.84. 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 purchased at each price within the range.
Referenced by the price of 1 transaction in Table I.
- F7
Held by a retirement plan for which the reporting person is the trustee and the reporting person's spouse is the sole participant in the plan. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
- F8
This price is a weighted average price. The price at which the shares were actually purchased ranged from $5.935 to $5.95. 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 purchased at each price within the range.
Referenced by the price of 1 transaction in Table I.
- F9
This price is a weighted average price. The price at which the shares were actually purchased ranged from $5.79 to $5.91. 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 purchased at each price within the range.
Referenced by the price of 1 transaction in Table I.