|Issuer:||ARMADA HOFFLER PROPERTIES, INC. (AHH)|
|Original Submission Date:|
APPERSON ERIC E.
C/O ARMADA HOFFLER PROPERTIES, INC.
222 CENTRAL PARK AVENUE, SUITE 2100 VIRGINIA BEACH, VA 23462
|Title of Security||Transaction Date||2a. Deemed Execution Date||Transaction Code||Shares||Acquired or Disposed||Price per share||5. Amount of Securities Beneficially Owned Following Reported Transaction||6. Ownership Form Direct or Indirect||Nature of Indirect Ownership|
|Title of Derivative Security||Conversion or Exercise Price of Derivative Security||Transaction Date||Deemed Execution Date||Transaction Code||Number of Derivative Securities Acquired (A) or Disposed of (D)||Date Exercisable||Expiration Date||Title and Amount of Securities Underlying Derivative Security||Price of Derivative Security||Number of derivative Securities Beneficially Owned Following Reported Transaction(s)||Ownership Form: Direct (D) or Indirect (I)||Nature of Indirect Beneficial Ownership|
|COMMON UNITS||0.0||2020-10-01||deemed execution date||A||19,012 (a)||common stock 19,012||$0.00||225,124||direct|
|f1||shares purchased pursuant to a broker-sponsored dividend reinvestment program.|
|f2||represents a grant of restricted shares of common stock, one-third of which vested on the grant date, one-third of which will vest on the first anniversary of the grant date and one-third of which will vest on the second anniversary of the grant date, subject to the executive's continued employment on such dates.|
|f3||reflects shares of common stock surrendered to the issuer to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock.|
|f4||represents class a common units of limited partnership interest ("common units") in armada hoffler, l.p., the operating partnership (the "operating partnership") of armada hoffler properties, inc. (the "company") and of which the company is the general partner. the common units were issued to the reporting person as a result of his indirect interest in edison apartments, which the operating partnership acquired on october 1, 2020 for total consideration comprised of 633,734 common units and the assumption of debt and other liabilities. for purposes of the transaction, the common units were valued at $12.00 per common unit. 19,012 common units in this report may be tendered for redemption by the holder on october 1, 2021. the remainder of the common units in this report were issued more than one year prior to the date hereof and, therefore, may be tendered for redemption by the holder. common units have no expiration date.|