Shares owned prior | ||
Selling Stockholders | to offering (1) | |
Roberta Pankey Hurst |
142,965 (2) |
(1) | The number of shares shown reflects the number of shares of Class A Common Stock (subject to adjustment pursuant to anti-dilution adjustment provisions) that may be issued to the Selling Stockholders from time to time by Aimco in exchange for Partnership Common Units of the Aimco operating partnership tendered for redemption by such Selling Stockholder pursuant to the agreement of limited partnership of the Aimco operating partnership. | |
(2) | Pursuant to a Loan and Collateral Agreement by and among Roberta P. Hurst (Hurst), ML Private Finance LLC f/k/a Merrill Lynch Private Finance Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated (the Loan Agreement) and/or a ISDA Master Agreement and Credit Support Annex by and between Hurst and Merrill Lynch, Pierce, Fenner & Smith Incorporated (the ISDA Master Agreement, and together with the Loan Agreement, the Security Agreements), 136,938 Partnership Common Units and underlying shares of Class A Common Stock that are subject to this prospectus have been pledged by Hurst to ML Private Finance LLC f/k/a Merrill Lynch Private Finance Inc. and/or Merrill Lynch, Pierce, Fenner & Smith Incorporated as security for a loan or other extension of credit to Hurst. Upon a default under either Security Agreement, ML Private Finance LLC f/k/a Merrill Lynch Private Finance Inc., or Merrill Lynch, Pierce, Fenner & Smith Incorporated, their common parent, Merrill Lynch & Co. Inc. or any subsidiary thereof, may be a selling holder hereunder and upon the exchange of such Partnership Common Units, may sell the applicable shares of Class A Common Stock offered by this prospectus. |