MID AMERICA APARTMENT COMMUNITIES INC
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 31, 2024
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Item 5. Other Information
Rule 10b5-1 Trading Arrangements
In accordance with the disclosure requirement set forth in Item 408(a) of Regulation S-K, the following table discloses any director or officer (as defined in Rule 16a-1(f) under the Exchange Act) of the Company who adopted any contract, instruction or written plan for the purchase or sale of the Company’s securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) (a “Rule 10b5-1 trading arrangement”) during quarter ended September 30, 2024. Each of these Rule 10b5-1 trading arrangements was adopted during an open trading window.
| NAME | TITLE | ADOPTION DATE | START DATE | END DATE | NATURE OF TRADING ARRANGEMENT | AGGREGATE NUMBER OF SECURITIES |
|---|---|---|---|---|---|---|
| H.Eric Bolton, Jr. | CEO and Chairman of the Board of Directors | 8/19/2024 | 1/7/2025 | 4/30/2025 | Sale of shares of common stock | 100% of net shares from vesting of restricted stock awards (gross vesting quantity: 17,834 shares)(1) |
| A. Clay Holder | EVP, Chief Financial Officer | 8/28/2024 | 1/7/2025 | 4/30/2025 | Sale of shares of common stock | 25% of net shares from vesting of restricted stock awards (gross vesting quantity: 648 shares)(1) |
| Robert J. DelPriore | EVP, Chief Administrative Officer and General Counsel | 9/6/2024 | 1/7/2025 | 4/30/2025 | Sale of shares of common stock | Lesser of 5,583 shares or the number of shares necessary to generate gross proceeds of $400,000 |
| Timothy Argo | EVP, Chief Strategy and Analysis Officer | 9/4/2024 | 1/7/2025 | 4/30/2025 | Sale of shares of common stock | 20% of net shares from vesting of restricted stock awards (gross vesting quantity: 1,436 shares)(1) |
| Melanie Carpenter | EVP, Chief Human Resources Officer | 9/11/2024 | 1/9/2025 | 4/30/2025 | Sale of shares of common stock | 100% of net shares from vesting of restricted stock awards (gross vesting quantity: 1,578 shares)(1) |
(1)
Net shares are net of tax withholding.
During the quarter ended September 30, 2024, no director or officer of the Company terminated any “Rule 10b5-1 trading arrangement.”
Non-Rule 10b5-1 Trading Arrangements
During the quarter ended September 30, 2024, no director or officer of the Company adopted orterminated any “non-Rule 10b5-1 trading arrangement” as that term is defined in Item 408(a) of Regulation S-K.
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