SEC Form 4 · accession 0001127602-16-047519
MID AMERICA APARTMENT COMMUNITIES INC. · MAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Reid Sanders
Director
Period of report
Mar 22, 2016
Accepted (ET)
Mar 24, 2016 · 5:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912595
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 5,873 | D | ||
| Common Stock | holding | — | — | — | 4,000 | I | IRA | |
| Common Stock | holding | — | — | — | 1,500 | I | Trustee, CAS and WRS GST Trust | |
| Common Stock | holding | — | — | — | 0 | I | Trustee, Dr. Hugh Smith Residual Trust | |
| Common Stock | holding | — | — | — | 700 | I | Spouse | |
| Common Stock | holding | — | — | — | 500 | I | IRA, Spouse | |
| Common Stock | holding | — | — | — | 500 | I | by Self as Trustee for MRS Trust FBO Aubrey Sanders | |
| Common Stock | holding | — | — | — | 500 | I | by Self as Trustee for MRS Trust FBO Reid Sanders Jr | |
| Common Stock | holding | — | — | — | 300 | I | Sanders Properties, LLC Profit Sharing Plan FBO Reid Sanders |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1 | $0.00 | Mar 22, 2016 | A | 161 | A | — | — | Common Stock | 161 | 4,701 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock are payable in two equal annual installments beginning within the 90 days following the calendar year in which the reporting person ceases to serve as a director, in cash or common stock, at the election of the reporting person.