SEC Form 4 · accession 0001229384-19-000036
AIMCO PROPERTIES L.P.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lynn Stanfield
Officer — Executive Vice President
Period of report
Jan 29, 2019
Accepted (ET)
Jan 31, 2019 · 8:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000926660
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LTIP Units of AIMCO Properties, L.P.F1,F2,F3,F4 | — | Jan 29, 2019 | A | 2,595 | A | — | — | Partnership Common Units | 2,595 | 2,595 | D |
Explanation of responses
- F1Pursuant to the Tenth Amendment to the Fourth Amended and Restated Agreement of Limited Partnership of AIMCO Properties, L.P. (the "Partnership Agreement"), a holder of LTIP Units has the right to convert all or a portion of such holder's vested LTIP Units into Partnership Common Units (as such term is defined in the Partnership Agreement). Pursuant to the Partnership Agreement, holders of Partnership Common Units have the right to require AIMCO Properties, L.P. to redeem such holder's Partnership Common Units, which redemption may be for Class A Common Stock of Apartment Investment and Management Company or a cash amount equal to the value of such shares of Class A Common Stock pursuant to the formula set forth in the Partnership Agreement. The form of currency upon redemption is determined in the sole discretion of the general partner of AIMCO Properties, L.P.
- F2Equity award approved by Compensation and Human Resources Committee in connection with a portion of 2019 long term incentive compensation, price column not applicable.
- F3The LTIP Units vest 25% on each anniversary of the grant date of January 29, 2019, beginning with the first anniversary.
- F4The LTIP Units do not expire.