SEC Form 4 · accession 0001229384-15-000056
APARTMENT INVESTMENT & MANAGEMENT CO · AIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Miles Cortez
Officer — Executive Vice President
Period of report
Aug 17, 2015
Accepted (ET)
Aug 19, 2015 · 6:16 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 | Aug 17, 2015 | M | 4,102 | $28.33 | A | 118,480 | D | |
| Class A Common StockF2,F1 | Aug 17, 2015 | S | 4,102 | $40.0561 | D | 114,378 | D | |
| Class A Common stock | holding | — | — | — | 83 | I | Held in an IRA belonging to the reporting person's wife | |
| Class A Common Stock | holding | — | — | — | 58,984 | I | Held by reporting person's wife |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4,F3 | $28.33 | Aug 17, 2015 | M | 4,102 | D | — | Jan 29, 2018 | Class A Common Stock | 4,102 | 7,000 | D |
Explanation of responses
- F1Includes 924 shares previously held in an IRA and reported as indirectly owned.
- F2This is a weighted average price. The prices for which the shares were actually sold ranged from $40.05 to $40.07. 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.
- F3The option vested 25% on each anniversary of the grant date of January 29, 2008.
- F4Option Award approved by Compensation and Human Resources Committee; price column not applicable.