SEC Form 4 · accession 0001209191-15-007488
Landmark Apartment Trust, Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Lubeck
Officer — See Remarks · Director
Period of report
Jan 15, 2015
Accepted (ET)
Jan 29, 2015 · 5:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001347523
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 15, 2015 | X | 807,890 | $9.00 | A | 1,011,557 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Put Option (obligation to buy) | $9.00 | Jan 15, 2015 | X | 636,259 | D | Aug 28, 2014 | Feb 28, 2015 | Common Stock | 636,259 | 171,361 | D |
| Put Option (obligation to buy) | $9.00 | Jan 15, 2015 | X | 171,361 | D | Aug 28, 2014 | Feb 28, 2015 | Common Stock | 171,361 | 0 | D |
Explanation of responses
- F1The reporting person is a party to a series of seven Put Option Agreements, each dated as of February 28, 2013 (the "Put Option Agreements"), with the other parties named therein under which the reporting person granted a series of put options obligating the reporting person to purchase for $9.00 per share an aggregate total of 1,011,557 shares of common stock of the issuer, at the request of the counterparty to each Put Option Agreement, during the six month period commencing on August 28, 2014 and expiring on February 28, 2015.
- F2A holder of put options granted by the reporting person under two of the Put Option Agreements elected to exercise such options and sell to the reporting person at $9.00 per share 807,890 shares of common stock of the issuer on January 15, 2015. The consummation of the acquisition of these shares of common stock of the issuer by the reporting person in connection with the exercise of such put options has not occurred as of the date of this report.
Remarks
Executive Chairman of the Board