SEC Form 4 · accession 0001638599-18-000274
AGREE REALTY CORP · ADC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Agree
Officer — Executive Chairman of Board · Director
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 | A | 9,146 | $0.00 | A | 417,966 | D | |
| Common SharesF2 | holding | — | — | — | 39,600 | I | By trust- children | |
| Common Shares | holding | — | — | — | 53,596 | I | By wife |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1All 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. 1,850, 1,849, 1,849, 1,849 and 1,849 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.
- F2These shares are owned by irrevocable trusts for his children.