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Filing Details

Accession Number:: 0001181431-13-038180
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-07-02 17:46:11
Reporting Period:: 2013-06-28

Filing Date:: 2013-07-02
Accepted Time:: 2013-07-02 17:46:11
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1347523	Landmark Apartment Trust Of America Inc.	NONE	Real Estate Investment Trusts (6798)	203975609

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1555735	S. A. Robert Douglas	4901 Dickens Road, Suite 101 Richmond VA 23230		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Series A Cumulative Non-Convert. Redeemable Preferred Stock	Disposition	2013-06-28	5,000,000	$56,213,710.00	0	No	4	D	Indirect	By 2335887 Limited Partnership
Common Stock	Acquisiton	2013-07-01	1,840,491	$8.15	1,840,491	No	4	P	Indirect	By 2335887 Limited Partnership

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	D	Indirect	By 2335887 Limited Partnership
No	4	P	Indirect	By 2335887 Limited Partnership

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Operating Partnership Units	Acquisiton	2013-07-01	773,876	$0.00	773,876	$0.00
Common Stock	Operating Partnership Units	Acquisiton	2013-07-01	39,307	$0.00	39,307	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
3,445,332			No	4	J	Indirect
3,484,639			No	4	J	Indirect

Footnotes

The reported securities were redeemed for cash by the issuer in accordance with the terms of the securities.
The operating partnership units ("OP Units") represent units of limited partnership interests in Landmark Apartment Trust of America Holdings, LP, of which the issuer is the general partner. The OP Units have the rights and preferences as set forth in the partnership agreement of the operating partnership of the issuer, and will, following a 12-month holding period, become redeemable in exchange for either (i) shares of common stock of the issuer on a one-for-one basis or (ii) a cash amount equal to the product of (A) the number of redeemed OP Units, multiplied by (B) the "cash amount" (as defined in the partnership agreement of the operating partnership of the issuer), provided, however, if the common stock of the issuer has not become listed or admitted to trading on any national securities exchange at the time of the redemption, the cash amount, notwithstanding anything to the contrary, shall be $8.15 per redeemed OP Unit.
The OP Units were issued as part of the consideration paid by the issuer in connection with the issuer's purchase of certain properties, and are valued at approximately $8.15 per unit.
The OP Units do not have an expiration date.
The OP Units were acquired for nominal consideration consisting of 0.0001 common units in Elco LR OPT II REIT LP having an aggregate value of $2.02.
The reporting person is an employee of an entity which indirectly through one or more affiliates owns 49.9% of the outstanding equity interest in Elco LR OPT II REIT LP. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interests therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.