AGREE REALTY CORP — Director's Dealing 2018

Mar 8, 2018

SEC Form 4/A — Form 4/A

Issuer: AGREE REALTY CORP (ADC)
CIK: 0000917251
Period of Report: 2018-02-23

Reporting Person: Hermiz Laith (COO & EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-23	Common Shares	F	1238	$47.73	Disposed	28580	Direct
2018-02-23	Common Shares	A	3525	$0.00	Disposed	32105	Direct

Footnotes

F1: Represents Common Shares withheld by the Issuer as payment of tax withholdings due upon vesting of 2,680 Common Shares.

F2: These shares are restricted common shares that were granted to the reporting person by the Issuer's Compensation Committee of the Board of Directors. 705, 705, 705, 705 and 705 of these shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer, on February 23, 2019, February 23, 2020, February 23, 2021, February 23, 2022 and February 23, 2023, respectively. In addition, 3,525 performance shares were also granted to the reporting person by the Issuer's Compenation Committee of the Board of Directors.