SEC Form 4 · accession 0001209191-15-065177
ASSOCIATED ESTATES REALTY CORP · AEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Schoff
Director
Period of report
Aug 7, 2015
Accepted (ET)
Aug 11, 2015 · 2:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000911635
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares, without par valueF1 | Aug 7, 2015 | D | 17,540 | $28.75 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Share UnitsF2,F4,F5,F3 | — | Aug 7, 2015 | D | 32,239 | D | — | — | Common Share | 32,239 | 4,620 | D |
Explanation of responses
- F1Disposed of pursuant to a merger agreement among the Issuer, BSREP II Aries Pooling LLC and BSREP II Aries DE Merger Sub Inc. in exchange for the right to receive $28.75 in cash per share.
- F2Deferred compensation held under the Issuer's deferred compensation plans ("DSUs").
- F3Each DSU was the economic equivalent of one Issuer common share, and were initially payable pursuant to the Reporting Person's deferred compensation elections.
- F4Includes DSUs acquired pursuant to dividend reinvestment.
- F5Disposed of pursuant to a merger agreement among the Issuer, BSREP II Aries Pooling LLC and BSREP II Aries DE Merger Sub Inc. in exchange for the right to receive $28.75 in cash per DSU.