MAA

SEC source: 0001127602-24-012568 · form4.xml · nonDerivative · entry 1

Campbell Albert M III · CIK 0001421310 · EVP, Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 67,688

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-012564 · form4.xml · nonDerivative · entry 1

Holder Aubrey Clay · CIK 0002018117 · EVP, CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,603

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-012559 · form4.xml · nonDerivative · entry 1

Hill Adrian · CIK 0001900838 · EVP, Chief Investment Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 38,476.4207

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-012273 · form4.xml · nonDerivative · entry 3

Argo Timothy · CIK 0001951183 · EVP, Chief Strategy & Analysis

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 15,756.4454

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-012273 · form4.xml · nonDerivative · entry 2

Argo Timothy · CIK 0001951183 · EVP, Chief Strategy & Analysis

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 16,119.4454

SEC source: 0001127602-24-012273 · form4.xml · nonDerivative · entry 1

Argo Timothy · CIK 0001951183 · EVP, Chief Strategy & Analysis

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 14,866.4454

SEC source: 0001127602-24-012262 · form4.xml · nonDerivative · entry 3

Hill Adrian · CIK 0001900838 · EVP, Chief Investment Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 38,800.4207

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-012262 · form4.xml · nonDerivative · entry 2

Hill Adrian · CIK 0001900838 · EVP, Chief Investment Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 39,885.4207

SEC source: 0001127602-24-012262 · form4.xml · nonDerivative · entry 1

Hill Adrian · CIK 0001900838 · EVP, Chief Investment Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 36,319.4207

SEC source: 0001127602-24-012254 · form4.xml · nonDerivative · entry 3

Carpenter Melanie · CIK 0001833396 · EVP & CHRO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 21,516

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-012254 · form4.xml · nonDerivative · entry 2

Carpenter Melanie · CIK 0001833396 · EVP & CHRO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 22,145

SEC source: 0001127602-24-012254 · form4.xml · nonDerivative · entry 1

Carpenter Melanie · CIK 0001833396 · EVP & CHRO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 20,896

SEC source: 0001127602-24-012240 · form4.xml · nonDerivative · entry 3

DelPriore Robert J. · CIK 0001585013 · EVP, General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 54,549.4148

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-012240 · form4.xml · nonDerivative · entry 2

DelPriore Robert J. · CIK 0001585013 · EVP, General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 58,071.4148

SEC source: 0001127602-24-012240 · form4.xml · nonDerivative · entry 1

DelPriore Robert J. · CIK 0001585013 · EVP, General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 53,652.4148

SEC source: 0001127602-24-012230 · form4.xml · nonDerivative · entry 3

Holder Aubrey Clay · CIK 0002018117 · EVP, CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,628

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-012230 · form4.xml · nonDerivative · entry 2

Holder Aubrey Clay · CIK 0002018117 · EVP, CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,782

SEC source: 0001127602-24-012230 · form4.xml · nonDerivative · entry 1

Holder Aubrey Clay · CIK 0002018117 · EVP, CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,480

SEC source: 0001127602-24-012210 · form4.xml · nonDerivative · entry 3

Campbell Albert M III · CIK 0001421310 · EVP, Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 68,272

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-012210 · form4.xml · nonDerivative · entry 2

Campbell Albert M III · CIK 0001421310 · EVP, Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 71,731

SEC source: 0001127602-24-012210 · form4.xml · nonDerivative · entry 1

Campbell Albert M III · CIK 0001421310 · EVP, Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 67,286

SEC source: 0001127602-24-012185 · form4.xml · nonDerivative · entry 3

BOLTON H ERIC JR · CIK 0001189265 · Director · President and CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 326,135.3947

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-012185 · form4.xml · nonDerivative · entry 2

BOLTON H ERIC JR · CIK 0001189265 · Director · President and CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 335,158.3947

SEC source: 0001127602-24-012185 · form4.xml · nonDerivative · entry 1

BOLTON H ERIC JR · CIK 0001189265 · Director · President and CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 320,785.3947

SEC source: 0001127602-24-010817 · form4.xml · derivative · entry 2

Shorb Gary · CIK 0001550639 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 26,432.9566

Underlying: Common Stock · 187 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001127602-24-010811 · form4.xml · derivative · entry 4

LOWDER THOMAS H · CIK 0000941682 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,372.2919

Underlying: Common Stock · 185 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001127602-24-010801 · form4.xml · derivative · entry 2

KELLY GREEN EDITH · CIK 0001211061 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,142.085

Underlying: Common Stock · 186 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001127602-24-010791 · form4.xml · derivative · entry 2

Case John · CIK 0001490409 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,309.167

Underlying: Common Stock · 46 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001127602-24-010786 · form4.xml · derivative · entry 10

SANDERS WILLIAM REID · CIK 0001052783 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,398.2991

Underlying: Common Stock · 173 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001127602-24-010783 · form4.xml · derivative · entry 2

Caplan Deborah H · CIK 0001574454 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 474.624

Underlying: Common Stock · 102 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001127602-24-010135 · form4.xml · nonDerivative · entry 1

STOCKERT DAVID P · CIK 0001233000 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 54,686

SEC source: 0001127602-24-001217 · form4.xml · nonDerivative · entry 1

BOLTON H ERIC JR · CIK 0001189265 · Director · President and CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 304,523.3947

F1 · kind: Open market sale pursuant to a 10b5-1 plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Shares were sold to meet additional tax obligations related to vestings of shares of restricted stock previously earned under a prior year restricted stock plan.

SEC source: 0001127602-24-001068 · form4.xml · nonDerivative · entry 4

Carpenter Melanie · CIK 0001833396 · EVP & CHRO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 19,067

F2 · kind: Open market sale pursuant to a 10b5-1 plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Shares were sold to meet additional tax obligations related to vestings of shares of restricted stock previously earned under a prior year restricted stock plan.

SEC source: 0001127602-24-001066 · form4.xml · nonDerivative · entry 3

DelPriore Robert J. · CIK 0001585013 · EVP, General Counsel

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 47,305.4148

F2 · kind: Open market sale pursuant to a 10b5-1 plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Shares were sold to meet additional tax obligations related to vestings of shares of restricted stock previously earned under a prior year restricted stock plan.

SEC source: 0001127602-24-001063 · form4.xml · nonDerivative · entry 5

Argo Timothy · CIK 0001951183 · EVP, Chief Strategy & Analysis

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 13,712.7464

F2 · kind: Open market sale pursuant to a 10b5-1 plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Shares were sold to meet additional tax obligations related to vestings of shares of restricted stock previously earned under a prior year restricted stock plan.

SEC source: 0001127602-24-001078 · form4.xml · nonDerivative · entry 1

Hill Adrian · CIK 0001900838 · EVP, Chief Investment Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 33,678.366

SEC source: 0001127602-24-001072 · form4.xml · nonDerivative · entry 4

BOLTON H ERIC JR · CIK 0001189265 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 308,551.3947

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-001072 · form4.xml · nonDerivative · entry 3

BOLTON H ERIC JR · CIK 0001189265 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 309,918.3947

SEC source: 0001127602-24-001070 · form4.xml · nonDerivative · entry 1

Campbell Albert M III · CIK 0001421310 · EVP, Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 60,778

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-001068 · form4.xml · nonDerivative · entry 3

Carpenter Melanie · CIK 0001833396 · EVP & CHRO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 19,438

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-001068 · form4.xml · nonDerivative · entry 2

Carpenter Melanie · CIK 0001833396 · EVP & CHRO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 19,597

SEC source: 0001127602-24-001066 · form4.xml · nonDerivative · entry 2

DelPriore Robert J. · CIK 0001585013 · EVP, General Counsel

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 54,516.4148

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-001066 · form4.xml · nonDerivative · entry 1

DelPriore Robert J. · CIK 0001585013 · EVP, General Counsel

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 55,027.4148

SEC source: 0001127602-24-001063 · form4.xml · nonDerivative · entry 4

Argo Timothy · CIK 0001951183 · EVP, Chief Strategy & Analysis

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 13,796.7464

F1 · kind: Disposals are being withheld to cover taxes related to vesting pursuant to shares earned and issued under a prior year restricted stock plan.

SEC source: 0001127602-24-001063 · form4.xml · nonDerivative · entry 3

Argo Timothy · CIK 0001951183 · EVP, Chief Strategy & Analysis

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 13,916.7464

SEC source: 0001127602-23-029592 · form4.xml · derivative · entry 2

Caplan Deborah H · CIK 0001574454 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 368.363

Underlying: Common Stock · 105 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001127602-23-029590 · form4.xml · derivative · entry 10

SANDERS WILLIAM REID · CIK 0001052783 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,085.5001

Underlying: Common Stock · 176 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001127602-23-029586 · form4.xml · derivative · entry 2

Shorb Gary · CIK 0001550639 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 25,945.8276

Underlying: Common Stock · 190 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001127602-23-029582 · form4.xml · derivative · entry 4

LOWDER THOMAS H · CIK 0000941682 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,116.5389

Underlying: Common Stock · 188 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001127602-23-029578 · form4.xml · derivative · entry 2

Case John · CIK 0001490409 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,248.722

Underlying: Common Stock · 47 shares

Expires not disclosed

F1 · derivative.exercise_price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.