SEC Form 4 · accession 0001209191-15-044359
Landmark Apartment Trust, Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael B. Nash
Director
Period of report
May 15, 2015
Accepted (ET)
May 19, 2015 · 3:56 pm EDT
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 StockF1 | May 15, 2015 | J | 221 | $0.00 | D | 30,110 | D | |
| Common StockF2 | May 15, 2015 | J | 7,362 | $0.00 | D | 22,748 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On May 13, 2014, the issuer's board of directors granted Mr. Nash 1,104.29 shares of restricted common stock in connection with his service as an independent director for the period from April 8, 2014 through May 13, 2014. These shares of restricted common stock vested immediately as to 20.0% of the shares upon grant, and 20.0% will vest on each of the first four anniversaries of April 8, 2014. Pursuant to an arrangement with his employer under which he agreed to transfer all shares of common stock to an affiliate of his employer after such shares of common stock have vested, on May 15, 2015, Mr. Nash transferred to Blackstone Real Estate Special Situations Advisors LLC ("BRESSA") 221 shares of restricted common stock.
- F2On May 13, 2014, the issuer's board of directors also awarded Mr. Nash a one-time grant of 29,447.85 shares of restricted common stock. These shares of restricted common stock vest as to 25% of the shares on each of the first four anniversaries of May 13, 2014. Pursuant to an arrangement with his employer under which he agreed to transfer all shares of common stock to an affiliate of his employer after such shares of common stock have vested, on May 15, 2015, Mr. Nash transferred to BRESSA 7,362 shares of restricted common stock.