0001209191-21-017849.txt : 20210304
0001209191-21-017849.hdr.sgml : 20210304
20210304164749
ACCESSION NUMBER: 0001209191-21-017849
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210228
FILED AS OF DATE: 20210304
DATE AS OF CHANGE: 20210304
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cassinis Enzio A.
CENTRAL INDEX KEY: 0001809585
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-56165
FILM NUMBER: 21714798
MAIL ADDRESS:
STREET 1: 6340 SOUTH 3000 EAST
STREET 2: SUITE 500
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84121
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Cottonwood Communities, Inc.
CENTRAL INDEX KEY: 0001692951
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1245 BRICKYARD RD.
STREET 2: SUITE 250
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84106
BUSINESS PHONE: 801-278-0700
MAIL ADDRESS:
STREET 1: 1245 BRICKYARD RD.
STREET 2: SUITE 250
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84106
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-02-28
0
0001692951
Cottonwood Communities, Inc.
N/A
0001809585
Cassinis Enzio A.
1245 BRICKYARD ROAD
SUITE 250
SALT LAKE CITY
UT
84106
0
1
0
0
See Remarks
LTIP Units
2021-02-28
4
A
0
5625
A
Common Stock, par value $0.01 per share
5000
10125
D
The long-term incentive plan units ("LTIP Units") of Cottonwood Communities O.P., LP, a Delaware limited partnership ("Operating Partnership"), of which Cottonwood Communities, Inc., a Maryland corporation (the "Issuer"), is the sole general partner, were granted to the reporting person on February 28, 2021 as equity incentive compensation. The LTIP Units vest on a quarterly basis over a four-year period.
Represents LTIP units granted to the reporting person as equity incentive compensation. Over time, the LTIP Units can achieve full parity with common units of limited partnership of the Operating Partnership ("OP Units") for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.
Chief Executive Officer and President
/s/ Adam Larson, Attorney-in-fact
2021-03-04