Filing Details

Accession Number:
0001144204-15-031350
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-05-15 14:00:57
Reporting Period:
2015-05-14
Filing Date:
2015-05-15
Accepted Time:
2015-05-15 14:00:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1481832 Preferred Apartment Communities Inc APTS Real Estate Investment Trusts (6798) 271712193
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
940225 A John Williams Preferred Apartment Communities, Inc.
3284 Northside Parkway Nw, Suite 150
Atlanta GA US 30327
Chief Executive Officer Yes 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, Par Value $0.01 Acquisiton 2015-05-14 500 $11.04 36,758 No 4 P Indirect By Spouse
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Spouse
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.01 6,100 Direct
Common Stock, Par Value $0.01 40,265 Indirect By Nell Partners, Inc.
Common Stock, Par Value $0.01 481 Indirect By 2003 Children's Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Class A Units $0.00 3,451 3,451 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
3,451 3,451 Direct
Footnotes
  1. John A. Williams, Leonard A. Silverstein and Daniel M. DuPree share joint voting and investment power over the shares held by NELL Partners, Inc. Mr. Williams disclaims any economic interest in such shares, 63% of which are owned indirectly by the Nancy Ann Richardson Williams Children's Trust, formed on January 30, 1995, a trust created by Mr. Williams' spouse for the benefit of their children; 27% of which are owned indirectly by Northside Partners Trust, formed on November 2, 2009, a trust created by Leonard A. Silverstein's spouse for the benefit of their children; and 10% of which are owned indirectly by Daniel M. DuPree.
  2. These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
  3. Represents Class A Units ("Class A Unit") of Preferred Apartment Communities Operating Partnership, L.P. (the "Operating Partnership"), of which Preferred Apartment Communities, Inc. (the "Company") is the general partner. Each Class A Unit may be exchanged for one share of the Company's common stock, or cash, as selected by the Company. Class A Units have no expiration date.