FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

STOCKERT DAVID P
2. Issuer Name and Ticker or Trading Symbol

MID AMERICA APARTMENT COMMUNITIES INC [ MAA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

6584 POPLAR AVE
3. Date of Earliest Transaction (MM/DD/YYYY)

6/13/2017
(Street)

MEMPHIS, TN 38138
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   6/13/2017     M    7937   A $66.10   92242   D    
Common Stock   6/13/2017     D    4865   (1) D $107.86   87377   D    
Common Stock   6/13/2017     F    1025   (2) D $107.86   86352   D    
Common Stock                  54812   I   By Spouse  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option/Stock Appreciation Right   $66.10   6/13/2017     M         7937    12/1/2016   1/31/2024   Common Stock   7937   $0   0   D    
Stock Options (Right to Buy)   $70.85                    12/1/2016   1/28/2023   Common Stock   5758     5758   D    
Stock Options (Right to Buy)   $81.41                    12/1/2016   2/1/2026   Common Stock   15052     15052   D    
Stock Options (Right to Buy)   $85.08                    12/1/2016   2/3/2025   Common Stock   6198     6198   D    

Explanation of Responses:
(1)  On December 1, 2016, the Issuer assumed a grant of 7,937 options previously made to the Reporting Person pursuant to the Agreement and Plan of Merger dated as of August 15, 2016, by and among the Issuer, Mid-America Apartments, L.P., Post Properties, Inc., Post GP Holdings, Inc. and Post Apartment Homes L.P. The terms of the grant provided the Reporting Person with a choice to treat the grant as options or as stock appreciation rights ("SARs"). Each SAR represents the right, upon exercise, to receive a number of shares of Common Stock equal in value to the amount, if any, by which the fair market value of Common Stock (as determined on the date of exercise) exceeds the exercise price. The Reporting Person chose to exercise all 7,937 options as SARs on the exercise date. The 4,865 shares of Common Stock represent the difference between the number of SARs exercised (7,937) and the number of shares of Common Stock issued as a result of the exercise (3,072).
(2)  This represents the withholding of shares of Common Stock to satisfy the tax withholding liability associated with the exercise of the SARs that is reported on this Form 4.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
STOCKERT DAVID P
6584 POPLAR AVE
MEMPHIS, TN 38138
X



Signatures
/s/ Leslie Wolfgang 6/14/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Mid America Apartment Co... (NYSE:MAA)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Mid America Apartment Co... Charts.
Mid America Apartment Co... (NYSE:MAA)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Mid America Apartment Co... Charts.