SANDERS WILLIAM REID - 17 May 2022 Form 4 Insider Report for MID AMERICA APARTMENT COMMUNITIES INC. (MAA)

Role: Director
Signature: /s/ Kellye Clouse
Issuer symbol: MAA
Transactions as of: 17 May 2022
Net transactions value: +$22,598
Form type: 4
Filing time: 19 May 2022, 16:57:42 UTC
Previous filing: 23 Mar 2022
Next filing: 19 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MAA	Common Stock	Award	$0	+835	+4.2%	$0.000000	20,533	17 May 2022	Direct
holding	MAA	Common Stock						600	17 May 2022	Chickasaw Partners 401(K)
holding	MAA	Common Stock						800	17 May 2022	Spouse
holding	MAA	Common Stock						6,000	17 May 2022	IRA
holding	MAA	Common Stock						3,000	17 May 2022	Trustee, CAS and WRS GST Trust
holding	MAA	Common Stock						3,000	17 May 2022	Green Meadows, LLC
holding	MAA	Common Stock						500	17 May 2022	IRA, Spouse
holding	MAA	Common Stock						500	17 May 2022	by Self as Trustee for MRS Trust FBO Reid Sanders Jr

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MAA	Phantom Stock	Award	$22,598	+128	+1.2%	$176.55	10,556	17 May 2022	Common Stock	128	$0.000000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock are payable in two equal annual installments beginning within the 90 days following the calendar year in which the reporting person ceases to serve as a director, in cash or common stock, at the election of the reporting person.