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AGREE REALTY CORP — Director's Dealing 2018
Feb 27, 2018
30749_dirs_2018-02-27_296e5a00-c2fd-4b7a-a661-71264e6f9dff.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
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 Share | A | 7050 | $0.00 | Acquired | 35630 | Direct |
Footnotes
F1: Represents Common Shares sold to the Issuer as payment of tax withholding due upon vesting of 2,680 Common Shares.
F2: All of these shares are restricted common shares that were granted to the reporting person by the Issuer's Compensation Committee of the Board of Directors. 1,410, 1,410, 1,410, 1,410 and 1,410 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.