0001209191-15-047287.txt : 20150528 0001209191-15-047287.hdr.sgml : 20150528 20150528061549 ACCESSION NUMBER: 0001209191-15-047287 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150528 FILED AS OF DATE: 20150528 DATE AS OF CHANGE: 20150528 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Landmark Apartment Trust, Inc. CENTRAL INDEX KEY: 0001347523 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 203975609 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3505 E FRONTAGE ROAD STREET 2: STE 150 CITY: TAMPA STATE: FL ZIP: 33607 BUSINESS PHONE: 813-281-2907 MAIL ADDRESS: STREET 1: 3505 E FRONTAGE ROAD STREET 2: STE 150 CITY: TAMPA STATE: FL ZIP: 33607 FORMER COMPANY: FORMER CONFORMED NAME: Landmark Apartment Trust of America, Inc. DATE OF NAME CHANGE: 20120807 FORMER COMPANY: FORMER CONFORMED NAME: Apartment Trust of America, Inc. DATE OF NAME CHANGE: 20110103 FORMER COMPANY: FORMER CONFORMED NAME: Grubb & Ellis Apartment REIT, Inc. DATE OF NAME CHANGE: 20071210 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BROOKS GREG E CENTRAL INDEX KEY: 0001181435 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-52612 FILM NUMBER: 15893848 MAIL ADDRESS: STREET 1: C/O COHEN & STEERS STREET 2: 757 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2015-05-28 0 0001347523 Landmark Apartment Trust, Inc. NONE 0001181435 BROOKS GREG E 4901 DICKENS ROAD, SUITE 101 RICHMOND VA 23230 0 1 0 0 Chief Financial Officer Long-Term Incentive Plan Units 2015-05-28 4 A 0 100000 0.00 A Common Stock 100000 100000 D The long-term incentive plan units ("LTIP Units") are a special class of partnership interest in the issuer's operating partnership, Landmark Apartment Trust Holdings, LP, of which the issuer is the general partner (the "Operating Partnership"). Initially, the LTIP Units will not have full parity with the common units issued by the Operating Partnership with respect to liquidating distributions. Under the terms of the LTIP Units, the Operating Partnership will revalue its assets upon the occurrence of certain specified events, and any increase in the Operating Partnership's valuation from the time of grant until such event will be allocated first to the holders of LTIP Units to equalize the capital accounts of such holders with the capital accounts of holders of common units. Upon equalization of the capital accounts of the holders of LTIP Units with the other holders of common units, the LTIP Units will achieve full parity with the common units for all purposes, including with respect to liquidating distributions. If such parity is reached, vested LTIP Units may be converted into an equal number of common units at any time, and thereafter enjoy all the rights of common units, including the right to exchange such units for shares of the issuer's common stock. The LTIP Units do not have an expiration date. The LTIP Units will vest as to 25% on each of the first four anniversaries of May 18, 2015. /s/ Anthony E. Szydlowski Attorney-in-Fact 2015-05-28