SEC Form 4 · accession 0001229384-17-000036
APARTMENT INVESTMENT & MANAGEMENT CO · AIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Andrew Higdon
Officer — SVP - Chief Accounting Officer
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 6:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000922864
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Cumulative Preferred StockF1,F2 | — | Mar 1, 2017 | P | 400 | A | — | — | Class A Common Stock | — | 780 | D |
Explanation of responses
- F1Except in connection with a change of control, the shares are not convertible into or exchangeable for any other securities or property. Upon the occurrence of a change of control, the reporting person will have the right (unless the Issuer has previously provided notice of its election to redeem the shares) to convert some or all of the reporting person's Class A Cumulative Preferred Stock into a number of shares of the Issuer's Class A Common Stock per share of Class A Cumulative Preferred Stock equal to the lesser of (a) the quotient obtained by dividing (i) the sum of the $25 liquidation preference per share (plus the amount of any accumulated, accrued and unpaid dividends thereon) by (ii) the "common stock price" as that term is defined and (b) 1.57. The conversion terms are more completely defined and described in the Articles Supplementary for the Class A Cumulative Preferred Stock.
- F2No Expiration Date.