0001638599-21-000579.txt : 20210621 0001638599-21-000579.hdr.sgml : 20210621 20210621073633 ACCESSION NUMBER: 0001638599-21-000579 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210617 FILED AS OF DATE: 20210621 DATE AS OF CHANGE: 20210621 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dupree Parker Boone CENTRAL INDEX KEY: 0001811458 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34995 FILM NUMBER: 211027425 MAIL ADDRESS: STREET 1: 3284 NORTHSIDE PARKWAY NW STREET 2: SUITE 150 CITY: ATLANTA STATE: GA ZIP: 30327 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PREFERRED APARTMENT COMMUNITIES INC CENTRAL INDEX KEY: 0001481832 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 271712193 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3284 NORTHSIDE PARKWAY NW STREET 2: SUITE 150 CITY: ATLANTA STATE: GA ZIP: 30327 BUSINESS PHONE: 770 818 4100 MAIL ADDRESS: STREET 1: 3284 NORTHSIDE PARKWAY NW STREET 2: SUITE 150 CITY: ATLANTA STATE: GA ZIP: 30327 4 1 doc4_7278.xml PRIMARY DOCUMENT X0306 4 2021-06-17 0 0001481832 PREFERRED APARTMENT COMMUNITIES INC APTS 0001811458 Dupree Parker Boone 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327 0 1 0 0 President - Office Common Stock, par value $0.01 per share 2021-06-17 4 F 0 1785 10.52 D 30886 D Class A Units Common Stock 1022 1022 D On June 17, 2020, the reporting person was issued 17,218 shares of time-based restricted common stock. The time-based restricted common stock vests approximately equally on June 17, 2021, June 17, 2022, June 17, 2023 and June 17, 2024. On June 17, 2021, 4,305 shares vested. The reporting person elected, pursuant to their restricted stock agreement, to satisfy their tax obligation by withholding 1,785 shares having a value equal to the withholding obligation. Represents Class A Units ("Class A Units") of Preferred Apartment Communities Operating Partnership, L.P., of which Preferred Apartment Communities, Inc. (the "Company") is the general partner. Each Class A Unit may be exchanged for one share of the Company's common stock, or cash, as selected by the Company. Class A Units have no expiration date. /s/ Jeffrey R. Sprain, attorney-in-fact 2021-06-21