JOHN RAKOLTA JR - 23 Feb 2024 Form 4/A Insider Report for AGREE REALTY CORP (ADC)

Role
Director
Signature
/s/ Cheryl A. Hamilton, Attorney-in-Fact
Issuer symbol
ADC
Transactions as of
23 Feb 2024
Transactions value $
$0
Form type
4/A
Filing time
22 Mar 2024, 16:05:22 UTC
Date Of Original Report
27 Feb 2024
Previous filing
22 Feb 2024
Next filing
28 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADC Common Shares Award $0 +3,217 +0.78% $0 415,867 23 Feb 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Under Agree Realty Corporation's compensation plan for its Board of Directors, the Board members receive a portion of their annual fee in common stock and can also elect to receive additional shares in lieu of the cash portion of the fee.
F2 Represents a grant of restricted stock that vests on February 23, 2025.
F3 On February 27, 2024, the reporting person filed a Form 4 which reported that, following an acquisition of 3,217 shares of common stock, the amount of securities beneficially owned was 412,650.618. This amendment is being filed to correct the amount of securities beneficially owned following that acquisition to 415,867.518 shares.