SEC Form 4 · accession 0001638599-19-000284
AGREE REALTY CORP · ADC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joey Agree
Officer — President & CEO · Director
Period of report
Feb 23, 2019
Accepted (ET)
Feb 26, 2019 · 4:05 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, 2019 | F | 10,630 | $65.66 | D | 342,318 | D | |
| Common SharesF2 | Feb 23, 2019 | A | 25,609 | $0.00 | A | 367,927 | 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 the vesting of 24,381 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. 5,122, 5,122, 5,122, 5,122 and 5,121 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, 2020, February 23, 2021, February 23, 2022, February 23, 2023 and February 23, 2024, respectively.