false false APARTMENT INVESTMENT & MANAGEMENT CO AIMCO PROPERTIES LP 0000922864 0000926660 0000922864 2019-12-19 2019-12-19 0000922864 aiv:AIMCOPropertiesLPMember 2019-12-19 2019-12-19

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported)  December 19, 2019

 

APARTMENT INVESTMENT AND MANAGEMENT COMPANY

AIMCO PROPERTIES, L.P.

(Exact name of registrant as specified in its charter)

 

 

Maryland (Apartment Investment and Management Company)

 

1-13232

 

84-1259577

Delaware (AIMCO Properties, L.P.)

 

0-24497

 

84-1275621

(State or other jurisdiction

 

(Commission

 

(I.R.S. Employer

of incorporation or organization)

 

File Number)

 

Identification No.)

4582 SOUTH ULSTER STREET

SUITE 1700, DENVER, CO 80237

 

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (303) 757-8101

NOT APPLICABLE

 (Former name or Former Address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Aimco Investment and Management Company
Class A Common Stock

AIV

New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the exchange act.  

 


 

ITEM 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Renewal of Employment Agreement

On December 19, 2019, the Compensation and Human Resources committee of Apartment Investment and Management Company (“Aimco”) and AIMCO-GP, Inc., the general partner of AIMCO Properties, L.P., a Delaware limited partnership (the “Partnership”) extended the term of the Employment Agreement of Terry Considine, Aimco’s and the Partnership’s Chairman, Chief Executive Officer, and President. The Employment Agreement, effective from December 21, 2017, through December 31, 2019, was extended for an additional two years, from January 1, 2020, through December 31, 2021. The remaining terms and conditions of the Employment Agreement are unchanged.

Capitalized terms used but not defined herein have the meaning defined in the Employment Agreement. The Employment Agreement is incorporated by reference as Exhibit 10.1 hereto.

ITEM 9.01. Financial Statements and Exhibits.

       (d) Exhibits.

 

Exhibit Number

Description

10.1

Employment Contract executed on December 21, 2017, by and between AIMCO Properties, L.P. and Terry Considine (Exhibit 10.1 to Aimco’s Current Report on Form 8-K, dated December 21, 2017, is incorporated herein by this reference)

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 


 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

Dated: December 23, 2019

 

 

 

 

 

 

APARTMENT INVESTMENT AND MANAGEMENT COMPANY

 

 

 

 

 

 

 

/s/ Paul Beldin

 

 

 

Paul Beldin

 

 

 

Executive Vice President and Chief Financial Officer

 

 

 

 

 

 

AIMCO PROPERTIES, L.P.

 

 

 

 

 

 

 

/s/ Paul Beldin

 

 

 

Paul Beldin

 

 

 

Executive Vice President and Chief Financial Officer