SEC Form 4 · accession 0001559822-17-000005
Steadfast Income REIT, Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ned Brines
Director
Period of report
Aug 8, 2017
Accepted (ET)
Aug 10, 2017 · 12:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001468010
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Aug 8, 2017 | A | 2,500 | $0.00 | A | 18,607 | D | |
| Common | holding | — | — | — | 8,848 | I | By reporting person as UGMA custodian for his child |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 8, 2017, Steadfast Income REIT, Inc. (the "Issuer") granted the reporting person 2,500 shares of restricted common stock pursuant to the Issuer's Independent Directors' Compensation Plan ("Plan"). The shares of restricted common stock granted to the reporting person pursuant to the Plan vest and become non-forfeitable in four equal annual installments beginning on the date of grant and ending on the third anniversary of the date of grant; provided, however, that the restricted common stock will become fully vested on the earlier to occur of (i) the termination of the reporting person's service as a director due to his death or disability, or (ii) a change in control of the Issuer.