0001585219-20-000085.txt : 20201001
0001585219-20-000085.hdr.sgml : 20201001
20201001131318
ACCESSION NUMBER: 0001585219-20-000085
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200929
FILED AS OF DATE: 20201001
DATE AS OF CHANGE: 20201001
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Emery Rodney F
CENTRAL INDEX KEY: 0001548193
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-55428
FILM NUMBER: 201215256
MAIL ADDRESS:
STREET 1: 18100 VON KARMAN AVE
STREET 2: SUITE 500
CITY: IRVINE
STATE: CA
ZIP: 92612
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Steadfast Apartment REIT, Inc.
CENTRAL INDEX KEY: 0001585219
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 18100 VON KARMAN AVE
STREET 2: STE 200
CITY: IRVINE
STATE: CA
ZIP: 92612
BUSINESS PHONE: 949-569-9700
MAIL ADDRESS:
STREET 1: 18100 VON KARMAN AVE
STREET 2: STE 200
CITY: IRVINE
STATE: CA
ZIP: 92612
4
1
wf-form4_160157238184292.xml
FORM 4
X0306
4
2020-09-29
0
0001585219
Steadfast Apartment REIT, Inc.
NONE
0001548193
Emery Rodney F
18100 VON KARMAN AVENUE, SUITE 200
IRVINE
CA
92612
1
1
0
0
Chief Executive Officer
Common Stock
2020-09-29
4
J
0
67.14
15.23
A
622719.92
I
By Steadfast Apartment Advisor, LLC
Common Stock
26687
I
By Steadfast REIT Investments, LLC
Common Stock
289746
I
By Steadfast Income Advisor, LLC
Common Stock
11440
I
By Steadfast Apartment Advisor III, LLC
Common Stock
46764.93
D
Common Stock
9533
I
By Spouse
Class B OP Units
2021-09-01
Common Stock
6155613.02
6155613.02
I
By Steadfast REIT Investments, LLC
Steadfast Apartment Advisor, LLC, the issuer's former external advisor ("STAR Advisor"), received a monthly investment management fee that was paid 50% in shares of common stock of the issuer and 50% in cash. The share grant issued above is an adjustment for the month of August 2020. STAR Advisor is owned by Steadfast REIT Investments, LLC ("SRI") (discussed below), which is indirectly majority owned and controlled by the reporting person. The reporting person may be deemed to beneficially own the shares held by STAR Advisor, but the reporting person disclaims beneficial ownership of such shares except to the extent of the reporting person's pecuniary interest therein.
Shares are held directly by SRI. The reporting person may be deemed to beneficially own the shares held by SRI, but the reporting person disclaims beneficial ownership of such shares except to the extent of the reporting person's pecuniary interest therein. Number of shares indicated in Item 5 does not include shares directly held by STAR Advisor, SIR Advisor and STAR III Advisor (each as defined herein).
Shares are held directly by Steadfast Income Advisor, LLC ("SIR Advisor"), which is owned by SRI. The reporting person may be deemed to beneficially own the shares held by SIR Advisor, but the reporting person disclaims beneficial ownership of such shares except to the extent of the reporting person's pecuniary interest therein.
Shares are held directly by Steadfast Apartment Advisor III, LLC ("STAR III Advisor"), which is owned by SRI. The reporting person may be deemed to beneficially own the shares held by STAR III Advisor, but the reporting person disclaims beneficial ownership of such shares except to the extent of the reporting person's pecuniary interest therein.
Shares are held directly by reporting person's spouse. The reporting person disclaims beneficial ownership of such shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or for any other purposes.
The class B units of limited partnership interest ("Class B OP Units") in Steadfast Apartment REIT Operating Partnership, L.P., the operating partnership (the "Operating Partnership") of the issuer and of which the issuer is the general partner, were issued to SRI in exchange for assets contributed to the Operating Partnership in connection with the internalization of the management of the issuer and were valued at $15.23 per Class B OP Unit, which was the most recently estimated value per share of the issuer's common stock. Commencing two years from the date of issuance, each Class B OP Unit is redeemable for cash equal to the then-current market value of one share of the issuer's common stock or, at the election of the issuer, one share of the issuer's common stock. Class B OP Units have no expiration date.
The reporting person may be deemed to beneficially own the Class B OP Units held by SRI, but the reporting person disclaims beneficial ownership of such Class B OP Units except to the extent of the reporting person's pecuniary interest therein.
/s/ Gustav Bahn, as attorney-in-fact for Rodney F. Emery
2020-10-01