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Armada Hoffler Properties, Inc. Director's Dealing 2023

Mar 7, 2023

32522_dirs_2023-03-07_6fab25df-bf90-4757-9ec9-482582976a2b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Armada Hoffler Properties, Inc. (AHH)
CIK: 0001569187
Period of Report: 2022-04-07

Reporting Person: Apperson Eric E. (President of Construction)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-04-07 Common Stock P 710.826 $14.32 Acquired 74120.826 Direct
2022-07-07 Common Stock P 787.798 $13.12 Acquired 74908.624 Direct
2022-10-06 Common Stock P 1109.20 $10.60 Acquired 76017.824 Direct
2023-01-05 Common Stock P 1013.95 $11.80 Acquired 77031.774 Direct
2023-03-03 Common Stock A 20980 Acquired 98011.774 Direct
2023-03-03 Common Stock F 5319 $12.89 Disposed 92692.774 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Common Units $ Common Stock (225124.0) 225124 Direct

Footnotes

F1: Shares purchased pursuant to a broker-sponsored dividend reinvestment program.

F2: Represents a grant of restricted shares of common stock, 40% of which vested on the grant date, 20% of which will vest on the first anniversary of the grant date, 20% of which will vest on the second anniversary of the grant date and 20% of which will vest on the third anniversary of the grant date, subject to the executive's continued employment on such dates.

F3: Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock.

F4: Represents Class A common units of limited partnership interest ("Common Units") in Armada Hoffler, L.P., the operating partnership of Armada Hoffler Properties, Inc. (the "Company") and of which the Company is the general partner. 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.