0001349659-21-000029.txt : 20210201
0001349659-21-000029.hdr.sgml : 20210201
20210201194756
ACCESSION NUMBER: 0001349659-21-000029
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210127
FILED AS OF DATE: 20210201
DATE AS OF CHANGE: 20210201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CONSIDINE TERRY
CENTRAL INDEX KEY: 0001229384
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13232
FILM NUMBER: 21578408
MAIL ADDRESS:
STREET 1: 4582 SOUTH ULSTER STREET PARKWAY
STREET 2: SUITE 1100
CITY: DENVER
STATE: CO
ZIP: 80237
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: APARTMENT INVESTMENT & MANAGEMENT CO
CENTRAL INDEX KEY: 0000922864
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 841259577
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4582 SOUTH ULSTER STREET
STREET 2: SUITE 1100
CITY: DENVER
STATE: CO
ZIP: 80237
BUSINESS PHONE: 3037578101
MAIL ADDRESS:
STREET 1: 4582 SOUTH ULSTER STREET
STREET 2: SUITE 1100
CITY: DENVER
STATE: CO
ZIP: 80237
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2021-01-27
0000922864
APARTMENT INVESTMENT & MANAGEMENT CO
AIV
0001229384
CONSIDINE TERRY
4582 S. ULSTER STREET
SUITE 1450
DENVER
CO
80237
1
0
0
0
Director
Class A Common Stock
184745
D
Class A Common Stock
34724
I
See Footnote
LTIP Units of AIMCO OP L.P.
2021-01-27
4
A
0
47323
A
Partnership Common Units
47323
82014
D
LTIP II Units of AIMCO OP L.P.
2021-01-27
4
A
0
238442
A
Partnership Common Units
238442
413231
D
Taking into account the transactions reported on this form, Mr. Considine has an overall equity stake in the company of 5,660,072 shares, partnership units, and options, the details of which are more fully described in footnotes 2, 3, 4, and 5 below.
The reporting person holds 184,745 shares directly. In addition, the reporting person holds 2,439,557 common partnership units and equivalents in AIMCO OP L.P. ("OP Units"). The 2,439,557 OP Units include 510,452 OP Units held directly by the reporting person, 179,735 OP Units held by an entity in which the reporting person has sole voting and investment power, 1,591,672 OP Units held by Titahotwo Limited Partnership RLLLP ("Titahotwo"), a registered limited liability limited partnership for which the reporting person serves as the general partner and holds a 0.5% ownership interest, and 157,698 OP Units held by the reporting person's spouse, for which the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein. Including the transactions reported on this form, the reporting person holds 114,768 LTIP Units (which are the equivalent of OP Units) and 413,231 LTIP II Units.
In addition to the 184,745 shares held directly, the reporting person holds 1,722,490 unvested partnership units, the vesting of which are subject to certain performance criteria. Upon conclusion of the performance period and depending on the results thereof, the reporting person may vest in all, some or none of the performance-based partnership units.
In addition to the 184,745 shares held directly, the reporting person holds 750,557 stock options, 686,948 of which are vested and exercisable.
Held by the reporting person's spouse, for which the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
Pursuant to the Amended and Restated Agreement of Limited Partnership of AIMCO OP L.P. (the "Partnership Agreement"), a holder of LTIP Units has the right to convert all or a portion of such holder's vested LTIP Units into Partnership Common Units (as such term is defined in the Partnership Agreement). Pursuant to the Partnership Agreement, holders of Partnership Common Units have the right to require AIMCO OP L.P. to redeem such holder's Partnership Common Units, which redemption may be for Class A Common Stock of Apartment Investment and Management Company or a cash amount equal to the value of such shares of Class A Common Stock pursuant to the formula set forth in the Partnership Agreement. The form of currency upon redemption is determined in the sole discretion of AIMCO OP L.P.
Equity Award approved by Compensation and Human Resources Committee in connection with a portion of 2018 long term incentive compensation, price column not applicable. Receipt of the LTIP Units was subject to satisfaction of total shareholder return criteria over the period compared to specified indices.
The LTIP Units vest 50% on January 31, 2021, and 50% on January 31, 2022.
The LTIP Units do not expire.
Terry Considine
2021-02-01