Sec Form 4 Filing - Emery Rodney F @ Steadfast Apartment REIT, Inc. - 2020-08-03

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Emery Rodney F
2. Issuer Name and Ticker or Trading Symbol
Steadfast Apartment REIT, Inc. [ NONE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
18100 VON KARMAN AVENUE, SUITE 500
3. Date of Earliest Transaction (MM/DD/YY)
08/03/2020
(Street)
IRVINE, CA92612
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common 08/03/2020 J( 1 ) 97,533.61 A $ 15.23 529,860.61 I Steadfast Apartment Advisor, LLC
Common 26,687 I Steadfast REIT Investments, LLC ( 2 )
Common 289,746 I Steadfast Income Advisor, LLC ( 3 )
Common 11,440 I Steadfast Apartment Advisor III, LLC ( 4 )
Common 46,465 D
Common 9,533 I By Spouse ( 5 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Emery Rodney F
18100 VON KARMAN AVENUE, SUITE 500
IRVINE, CA92612
X Chief Executive Officer
Signatures
/s/ Rodney F. Emery 08/04/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Steadfast Apartment Advisor, LLC, the issuer's external advisor ("STAR Advisor"), receives a monthly investment management fee that is paid 50% in shares of common stock of the issuer and 50% in cash.The share grant issued above is for the month of July 2020. STAR Advisor is owned by Steadfast REIT Investments, LLC ("SRI") (discussed below), which is indirectly majority owned and controlled by the reporting person. The reporting person may be deemed to beneficially own the shares held by STAR Advisor, but the reporting person disclaims beneficial ownership of such shares except to the extent of the reporting person's pecuniary interest in them.
( 2 )These shares are held directly by SRI. The reporting person may be deemed to beneficially own the shares held by SRI, but the reporting person disclaims beneficial ownership of such shares except to the extent of the reporting person's pecuniary interest therein. Number of shares indicated in Item 5 does not include shares directly held by STAR Advisor, SIR Advisor and STAR III Advisor (each as defined herein).
( 3 )These shares are held directly by Steadfast Income Advisor, LLC ("SIR Advisor"), which is owned by SRI. The reporting person may be deemed to beneficially own the shares held by SIR Advisor, but the reporting person disclaims beneficial ownership of such shares except to the extent of the reporting person's pecuniary interest in them.
( 4 )These shares are held directly by Steadfast Apartment Advisor III, LLC ("STAR III Advisor"), which is owned by SRI. The reporting person may be deemed to beneficially own the shares held by STAR III Advisor, but the reporting person disclaims beneficial ownership of such shares except to the extent of the reporting person's pecuniary interest in them.
( 5 )These shares are held directly by reporting person's spouse. The reporting person may be deemed to beneficially own the shares held by his spouse, but the reporting person disclaims beneficial ownership of such shares except to the extent of the reporting person's pecuniary interest in them.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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