0001283630-16-000135.txt : 20160920 0001283630-16-000135.hdr.sgml : 20160920 20160920101043 ACCESSION NUMBER: 0001283630-16-000135 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20160919 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20160920 DATE AS OF CHANGE: 20160920 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN CAMPUS COMMUNITIES INC CENTRAL INDEX KEY: 0001283630 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 760753089 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32265 FILM NUMBER: 161893107 BUSINESS ADDRESS: STREET 1: 12700 HILL COUNTRY BOULEVARD STREET 2: STE T-200 CITY: AUSTIN STATE: TX ZIP: 78738 BUSINESS PHONE: 512-732-1000 MAIL ADDRESS: STREET 1: 12700 HILL COUNTRY BOULEVARD STREET 2: STE T-200 CITY: AUSTIN STATE: TX ZIP: 78738 FILER: COMPANY DATA: COMPANY CONFORMED NAME: American Campus Communities Operating Partnership LP CENTRAL INDEX KEY: 0001357369 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 562473181 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-181102-01 FILM NUMBER: 161893108 BUSINESS ADDRESS: STREET 1: 12700 HILL COUNTRY BOULEVARD STREET 2: SUITE T-200 CITY: AUSTIN STATE: TX ZIP: 78738 BUSINESS PHONE: 5127321000 MAIL ADDRESS: STREET 1: 12700 HILL COUNTRY BOULEVARD STREET 2: SUITE T-200 CITY: AUSTIN STATE: TX ZIP: 78738 8-K 1 acc8-kblakechandleeboardan.htm 8-K Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): September 19, 2016

AMERICAN CAMPUS COMMUNITIES, INC.

AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP
(Exact name of Registrant as specified in its Charter)
Maryland
001-32265
76-0753089
Maryland
333-181102-01
53-2473181
(State or other jurisdiction of
incorporation or organization)
(Commission file number)

(I.R.S. Employer
Identification Number)

12700 Hill County Blvd., Suite T-200, Austin, Texas 78738
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (512) 732-1000
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective September 19, 2016, Blake Chandlee was appointed to the Board of Directors of American Campus Communities, Inc. (the "Company"). A copy of the press release issued in connection with the appointment of Mr. Chandlee is attached hereto as Exhibit 99.1.
Mr. Chandlee will serve as an independent director and has not been appointed to any Board committees at this time. In connection with his appointment to the Board of Directors, Mr. Chandlee received an initial grant of restricted stock units with a fair market value on the date of grant of $105,000. This grant immediately vested and was settled in shares of common stock. In connection with his service on the Board, Mr. Chandlee will receive annual cash compensation and equity grants pursuant to the Company's director compensation policy.
Item 9.01.    Financial Statements and Exhibits.

(c)    Exhibits.

Exhibit
Number        Title

99.1
Press release, dated September 19, 2016








SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
AMERICAN CAMPUS COMMUNITIES, INC.
 
 
 
 
 
 
 
 
Date: September 20, 2016
 
By:
/s/ Jonathan A. Graf
 
 
 
 
 
Jonathan A. Graf
 
 
 
 
 
Executive Vice President, Chief Financial Officer, Secretary and Treasurer
 
 
 
 
 
 
 
 
 
 
 
 
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP
 
 
 
 
 
 
 
 
 
 
 
 
By:
American Campus Communities Holdings LLC, its general partner
 
 
 
 
 
 
 
 
 
 
 
 
 
By:
American Campus Communities, Inc., its sole member
 
 
 
 
 
 
 
 
 
 
 
 
 
 
By:
/s/ Jonathan A. Graf
 
 
 
 
 
 
 
Jonathan A. Graf
 
 
 
 
 
 
 
Executive Vice President,
Chief Financial Officer, Secretary
and Treasurer






EXHIBIT INDEX

Exhibit
Number    Title

99.1
Press release, dated September 19, 2016




EX-99.1 2 accpressrelease-chandleebo.htm EXHIBIT 99.1 Exhibit
accpressreleasechandl_image1.gif











American Campus Communities Appoints Facebook VP Blake Chandlee to Board of Directors

AUSTIN, Texas--(BUSINESS WIRE)—September 19, 2016--American Campus Communities, Inc. (NYSE:ACC), the largest owner, manager and developer of high-quality student housing properties in the U.S., today announced the appointment of Blake Chandlee to the company’s board of directors, effective immediately. Chandlee will serve as an independent director of the company.

Chandlee has been vice president of Facebook since 2007 and has held his most recent position of vice president global partnerships since June 2011. His specific role includes identifying, launching and scaling organizational structure, systems and teams required to most effectively and efficiently manage and support the largest 3rd party developer and partner ecosystems across the world via regionally distributed teams in the US, London, Singapore and Sao Paolo. Prior to his current role Chandlee was responsible for the international roll-out and growth of Facebook’s commercial businesses across EMEA, APAC and LATAM. Chandlee is also an active investor through his personal portfolio as well as his VC Fund. Prior to joining Facebook, Chandlee worked at Yahoo! UK Ltd, where he was commercial director, UK and played an instrumental role in setting the strategic direction of the organization and managing the various sales teams calling on agencies and clients in the UK marketplace. He has also been part of various founding teams resulting in several new companies that focused on the intersection of consumers and media. Chandlee received a B.S. from Gettysburg College.

"We conducted an exhaustive search for someone who would further strengthen our board’s breadth of talent and background, and we are delighted to have identified such an outstanding individual," said Oliver Luck, American Campus Communities board member and chair of the nominating and corporate governance committee. "I’m confident that Blake is going to make an important and positive impact on our company."

CEO Bill Bayless commented, "Blake's deep knowledge of the social media landscape, coupled with his leadership and management experience, makes him an ideal addition to the board. I am excited at the prospect of Blake joining our team and look forward to working with him."

About American Campus Communities

American Campus Communities, Inc. is the largest owner, manager and developer of high-quality student housing communities in the United States. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management and operational management of student housing properties. As of June 30, 2016, American Campus Communities owned 168 student housing properties containing approximately 103,200 beds. Including its owned and third-party managed properties, ACC's total managed portfolio consisted of 206 properties with approximately 133,100 beds. Visit www.americancampus.com.

Forward-Looking Statements

In addition to historical information, this press release contains forward-looking statements under the federal securities law. These statements are based on current expectations, estimates and projections about the industry and markets in which American Campus operates, management's beliefs, and assumptions made by management. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict.


American Campus Communities, Inc.
Ryan Dennison, 512-732-1000
Investor Relations







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