0001347523-15-000024.txt : 20150721
0001347523-15-000024.hdr.sgml : 20150721
20150721144101
ACCESSION NUMBER: 0001347523-15-000024
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150721
FILED AS OF DATE: 20150721
DATE AS OF CHANGE: 20150721
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: 4901 DICKENS ROAD
STREET 2: STE 101
CITY: RICHMOND
STATE: VA
ZIP: 23230
BUSINESS PHONE: 804-237-1335
MAIL ADDRESS:
STREET 1: 4901 DICKENS ROAD
STREET 2: STE 101
CITY: RICHMOND
STATE: VA
ZIP: 23230
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: Salkind Michael
CENTRAL INDEX KEY: 0001556032
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-52612
FILM NUMBER: 15997618
MAIL ADDRESS:
STREET 1: 4901 DICKENS ROAD
STREET 2: SUITE 101
CITY: RICHMOND
STATE: VA
ZIP: 92705
4
1
wf-form4_143750405111473.xml
FORM 4
X0306
4
2015-07-21
0
0001347523
Landmark Apartment Trust, Inc.
NONE
0001556032
Salkind Michael
4901 DICKENS ROAD, SUITE 101
RICHMOND
VA
23230
1
0
0
0
Operating Partnership Units
2015-07-21
4
J
0
20028.90
8.15
D
Common Stock
20028.9
2160007.66
I
Elco Landmark Residential Holdings II, LLC
The operating partnership units ("OP Units") represent units of limited partnership interests in Landmark Apartment Trust Holdings, LP, of which the issuer is the general partner (the "Operating Partnership"). The OP Units have the rights and preferences as set forth in the agreement of limited partnership of the Operating Partnership, as amended (the "Partnership Agreement"), and do, following a 12-month holding period, become redeemable, subject to certain limitations, in exchange for either (i) shares of common stock of the issuer on a one-for-one basis or (ii) a cash amount equal to the product of (A) the number of redeemed OP Units, multiplied by (B) the "cash amount" (as defined in the Partnership Agreement).
The OP Units disposed of reflect the forfeiture of 20,028.90 OP Units by Elco Landmark Residential Holdings II LLC ("ELRH II") in connection with certain indemnification obligations under the Asset Purchase and Contribution Agreement (the "Agreement") relating to the acquisition of the property management business of Elco Landmark Residential Management LLC in March 2013, which the issuer refers to as the "ELRM Transaction" in its public filings. The forfeiture results from a property sold by ELRH II with respect to which an affiliate of the issuer provided property management services.
The OP Units do not have an expiration date.
The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interests therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
/s/ Anthony E. Szydlowski, Attorney-in-Fact
2015-07-21