AGREE REALTY CORP — Director's Dealing 2017

Aug 8, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AGREE REALTY CORP (ADC)
CIK: 0000917251
Period of Report: 2017-08-04

Reporting Person: PARTRIDGE MATTHEW MORRIS (CFO, Executive VP, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-04	Common Shares	D	10149	—	Disposed	1082	Direct

Footnotes

F1: Represents the forfeiture of time-based restricted shares granted to the reporting person on January 13, 2016 and February 23, 2017 that were eligible to vest based on the reporting person's continued service as an employee of the issuer or an affiliate. On July 5, 2017 the reporting person notified the issuer of their voluntary resignation, which became effective August 4, 2017.