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
                                                                                  
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OMB Number: 3235-0287
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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 *

GUSTAVSON TAMARA HUGHES 		2. Issuer Name and Ticker or Trading Symbol

American Homes 4 Rent [ AMH ] 		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)

C/O AMERICAN HOMES 4 RENT, 30601 AGOURA ROAD, SUITE 200 		3. Date of Earliest Transaction (MM/DD/YYYY)

10/3/2017
(Street)

AGOURA HILLS, CA 91301
(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
Class A Common Shares                  100   I   By Spouse  
Series A Participating Preferred Shares   10/3/2017     D    28196   D $0   (1) 0   D    
Class A Common Shares   10/3/2017     A    36953   A $0   (1) 13637618   D    
Series A Participating Preferred Shares   10/3/2017     D    6000   D $0   (2) 0   I   By IRA   (3)
Class A Common Shares   10/3/2017     A    7863   A $0   (2) 7863   I   IRA   (3)
Series A Participating Preferred Shares   10/3/2017     D    192836   D $0   (4) 0   I   By LLC   (5)
Class A Common Shares   10/3/2017     A    252730   A $0   (4) 252730   I   By LLC   (5)
Series B Participating Preferred Shares   10/3/2017     D    4981   D $0   (6) 0   D    
Class A Common Shares   10/3/2017     A    6528   A $0   (6) 13644146   D    
Series B Participating Preferred Shares   10/3/2017     D    19000   D $0   (7) 0   I   By IRA   (3)
Class A Common Shares   10/3/2017     A    24901   A $0   (7) 32764   I   IRA  
Series B Participating Preferred Shares   10/3/2017     D    247300   D $0   (8) 0   I   By LLC   (5)
Class A Common Shares   10/3/2017     A    324111   A $0   (8) 576841   I   By LLC   (5)

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

Explanation of Responses:
(1)  On October 3, 2017, the issuer converted each outstanding share of Series A Participating Preferred shares into 1.3106 shares of Class A Common resulting in the issuance to the reporting person of 36,953 Class A Common Shares.
(2)  On October 3, 2017, the issuer converted each outstanding share of Series A Participating Preferred shares into 1.3106 shares of Class A Common resulting in the issuance to the reporting person of 7,863 Class A Common Shares.
(3)  By IRA for benefit of reporting person
(4)  On October 3, 2017, the issuer converted each outstanding share of Series A Participating Preferred shares into 1.3106 shares of Class A Common resulting in the issuance to the reporting person of 252,730 Class A Common Shares.
(5)  By limited liability company which is owned 99% by reporting person as trustee and 1% by Mr. Hughes. Reporting person and David Singelyn, Chief Executive Officer of the Company are the managers of the limited liability company. Decisions regarding the disposition and voting of shares held by the limited liability company are made by the reporting person.
(6)  On October 3, 2017, the issuer converted each outstanding share of Series B Participating Preferred shares into 1.3106 shares of Class A Common resulting in the issuance to the reporting person of 6,528 Class A Common Shares.
(7)  On October 3, 2017, the issuer converted each outstanding share of Series B Participating Preferred shares into 1.3106 shares of Class A Common resulting in the issuance to the reporting person of 24,901 Class A Common Shares.
(8)  On October 3, 2017, the issuer converted each outstanding share of Series B Participating Preferred shares into 1.3106 shares of Class A Common resulting in the issuance to the reporting person of 324,111 Class A Common Shares.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
GUSTAVSON TAMARA HUGHES
C/O AMERICAN HOMES 4 RENT
30601 AGOURA ROAD, SUITE 200
AGOURA HILLS, CA 91301 		X



Signatures
Stephanie Heim, attorney-in-fact 10/4/2017
** 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.
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