SEC Form 4 · accession 0001127602-16-069904
MID AMERICA APARTMENT COMMUNITIES INC. · MAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P Stockert
Director
Period of report
Dec 12, 2016
Accepted (ET)
Dec 13, 2016 · 4:13 pm EST
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 | Dec 12, 2016 | G | 2,300 | $0.00 | D | 54,812 | I | By Spouse |
| Common Stock | holding | — | — | — | 91,561 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PPS 401(k) UnitsF1 | — | Dec 12, 2016 | S | 6,695 | D | — | — | Common Stock | 1,549 | 0 | D |
Explanation of responses
- F1As of December 1, 2016, the Issuer acquired Post Properties, Inc. ("Post") pursuant to the Agreement and Plan of Merger dated as of August 15, 2016, by and among Mid-America Apartment Communities, Inc., Mid-America Apartments, L.P., Post Properties, Inc., Post GP Holdings, Inc. and Post Apartment Homes, L.P. ("Merger"). Post's outside administrator for the employee 401(k) plan held Post stock in a pooled fund as a participant investment option. Participant contributions designated to be invested in Post common stock were accounted for as units of interest in the issuer fund. Pursuant to the merger, each share of Post common stock was converted to .71 share of MAA common stock. As of December 1, 2016, participants were no longer able to contribute to this fund. On December 12, 2016, the registrant transferred his investment balance out of the pooled fund.