Armada Hoffler Properties, Inc. — Director's Dealing 2021

Feb 16, 2021

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: Armada Hoffler Properties, Inc. (AHH)
CIK: 0001569187
Period of Report: 2020-12-31

Reporting Person: Haddad Louis S (Director, President, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-13	Common Stock	G	6400	—	Disposed	351881	Direct
2020-10-14	Common Stock	G	8075	—	Disposed	343806	Direct
2020-10-13	6.75% Series A Preferred Stock	G	5000	—	Disposed	5000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-01	Common Units	$	A	77303	Acquired		Common Stock (77303.0)	Direct
2020-01-03	Common Units	$	G	750	Disposed		Common Stock (750.0)	Direct
2020-01-03	Common Units	$	G	750	Disposed		Common Stock (750.0)	Indirect

Footnotes

F1: Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P., the operating partnership (the "Operating Partnership") of Armada Hoffler Properties, Inc. (the "Company") and of which the Company is the general partner. The Common Units were issued to the reporting person as a result of his indirect interest in Edison Apartments, which the Operating Partnership acquired on October 1, 2020 for total consideration comprised of 633,734 Common Units and the assumption of debt and other liabilities. For purposes of the transaction, the Common Units were valued at $12.00 per Common Unit. Commencing one year from the date of issuance, each Common Unit is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. Common Units have no expiration date.

F2: Represents Common Units in the Operating Partnership. Commencing one year from the date of issuance, each Common Unit is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. Such Common Units were issued more than one year prior to the date hereof and, therefore, may be tendered for redemption by the holder. Common Units have no expiration date.