SEC Form 4 · accession 0001229384-15-000044
APARTMENT INVESTMENT & MANAGEMENT CO · AIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terry Considine
Officer — Chairman & CEO · Director
Period of report
Mar 23, 2015
Accepted (ET)
Mar 25, 2015 · 6:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000922864
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2,F3 | Mar 23, 2015 | S | 104,058 | $41.0575 | D | 270,099 | D | |
| Class A Common StockF4,F3,F5 | Mar 23, 2015 | G | 8,400 | $0.00 | D | 270,099 | D | |
| Class A Common Stock | holding | — | — | — | 33,695 | I | Held by reporting person's spouse, for which the reporting person disclaims beneficial ownership |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This is a weighted average price. The prices for which the shares were actually sold ranged from $40.88 to $41.28. The reporting person has provided to the issuer and will provide to any security holder or the staff of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each price within the range.
- F2In addition to the 270,099 shares held directly by the reporting person, 77,451 shares are held by a tax exempt organization under 501(c)(3) of the Internal Revenue Code, for which the reporting person disclaims beneficial ownership.
- F3In addition, the reporting person holds 850,185 common partnership units in AIMCO Properties, L.P. ("OP Units"). The 850,185 OP Units include 510,452 OP Units held directly by the reporting person, 179,735 OP Units held by an entity in which the reporting person has sole voting and investment power, 2,300 OP Units held by Titahotwo Limited Partnership RLLLP ("Titahotwo"), a registered limited liability limited partnership for which the reporting person serves as the general partner and holds a 0.5% ownership interest, and 157,698 OP Units held by the reporting person's spouse, for which the reporting person disclaims beneficial ownership. Titahotwo also holds 1,589,372 Class I High Performance Units in AIMCO Properties, L.P. In addition, the reporting person has 1,585,680 shares subject to options that are exercisable.
- F4Charitable gift by a tax exempt organization under 501(c)(3) of the Internal Revenue Code, for which the reporting person disclaims beneficial ownership, to another tax exempt organization.
- F5In addition to the 270,099 shares held directly by the reporting person, 69,051 shares are held by a tax exempt organization under 501(c)(3) of the Internal Revenue Code, for which the reporting person disclaims beneficial ownership.