SEC Form 4 · accession 0001638599-18-000273
AGREE REALTY CORP · ADC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Laith Hermiz
Officer — COO & EVP
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 4:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000917251
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Feb 23, 2018 | F | 1,238 | $47.73 | D | 28,580 | D | |
| Common ShareF2 | Feb 23, 2018 | A | 7,050 | $0.00 | A | 35,630 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents Common Shares sold to the Issuer as payment of tax withholding due upon vesting of 2,680 Common Shares.
- F2All of these shares are restricted common shares that were granted to the reporting person by the Issuer's Compensation Committee of the Board of Directors. 1,410, 1,410, 1,410, 1,410 and 1,410 of these shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer, on February 23, 2019, February 23, 2020, February 23, 2021, February 23, 2022 and February 23, 2023, respectively.