John Case - 21 May 2024 Form 4 Insider Report for MID AMERICA APARTMENT COMMUNITIES INC. (MAA)

Role: Director
Signature: /s/ Kellye Clouse
Issuer symbol: MAA
Transactions as of: 21 May 2024
Net transactions value: +$175,948
Form type: 4
Filing time: 22 May 2024, 17:07:29 UTC
Previous filing: 20 Mar 2024
Next filing: 30 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MAA	Common Stock						200	21 May 2024	Direct

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	$169,942	+1,245	+94%	$136.50	2,569	21 May 2024	Common Stock	1,245		Direct	F1
transaction	MAA	Phantom Stock	Award	$6,006	+44	+1.7%	$136.50	2,613	21 May 2024	Common Stock	44		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.