SEC Form 4 · accession 0001562401-16-000102

American Homes 4 Rent · AMH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

David P. Singelyn

Officer — Chief Executive Officer · Director · 10% Owner

Period of report

Aug 31, 2016

Accepted (ET)

Aug 31, 2016 · 6:11 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001562401

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class A Common Shares^F1,F2	Aug 31, 2016	J	369,199	$0.00	A	389,199	I	See Footnote
Class A Common Shares^F1,F8	Aug 31, 2016	J	6,010,506	$0.00	A	6,010,506	I	See Footnote
Class A Common Shares^F1,F3	Aug 31, 2016	J	6,860,783	$0.00	D	0	I	See Footnote
Class B Common Shares^F1,F3	Aug 31, 2016	J	635,075	$0.00	D	0	I	See Footnote
Class B Common Shares^F1,F8	Aug 31, 2016	J	635,075	$0.00	A	635,075	I	See Footnote

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Class A Units of Operating Partnership^F5,F1,F2,F4	—	Aug 31, 2016	J	2,242,357	A	—	—	Class A Common Shares	2,242,357	2,242,357	I
Class A Units of Operating Partnership^F5,F1,F3,F4	—	Aug 31, 2016	J	45,526,644	D	—	—	Class A Common Shares	45,526,644	0	I
Class A Units of Operating Partnership^F5,F1,F8,F4	—	Aug 31, 2016	J	40,362,428	A	—	—	Class A Common Shares	40,362,428	40,362,428	I
Class D Units of Operating Partnership^F6,F1,F2	—	Aug 31, 2016	J	430,970	A	—	—	Class A Units of Operating Partnership	430,970	430,970	I
Class D Units of Operating Partnership^F7,F6,F1,F3	—	Aug 31, 2016	J	8,750,000	D	—	—	Class A Units of Operating Partnership	8,750,000	0	I
Class D Units of Operating Partnership^F6,F1,F8	—	Aug 31, 2016	J	7,757,463	A	—	—	Class A Units of Operating Partnership	7,757,463	7,757,463	I

Explanation of responses

F1Effective August 31, 2016 American Homes 4 Rent, LLC ("AH LLC") was liquidated and distributed to its members, including reporting person and HF Investments 2010, LLC ("HF"), all of the securities in Issuer and its operating partnership owned by AH LLC, in proportion to the members' interests in AH LLC. The securities distributed to reporting person are pledged for a loan to the entity described in note (2).
F2By LLC formed for the benefit of the reporting person and his family and of which the reporting person is manager.
F3Securities previously held by AH LLC. Reporting person was the sole manager of AH LLC and had voting and investment control over the securities held by AH LLC. Reporting person disclaimed beneficial ownership of the securities held by AH LLC except to the extent of his pecuniary interest therein.
F4The Class A Units are redeemable begining one year after the date of issuance (subject to certain limitations set forth in the operating partnership agreement). Class A Units do not have expiration dates.
F5The Class A Units are redeemable at a redemption amount per unit based on the market value of the Company's Class A Common Shares at the time of redemption. The market value will be equal to the average of the closing trading price of the Class A Common Shares for the 10 trading days before the date of receipt of the redemption notice. Issuer may elect in its sole discretion whether to redeem the Class A Units in cash or Class A Common Shares equal to the number of Class A Units offered for redemption.
F6The Series D Units are automatically convertible into Class A Units on a one-for-one basis in accordance with the operating partnership agreement.
F7Includes Series D Units previously issued upon conversion of the Series E Units on February 29, 2016.
F8Securities held by HF. Reporting person is the sole manager of HF and has voting and investment control over the securities held by HF. Reporting person disclaims beneficial ownership of the securities held by HF.