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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 8/4/17 |
| Not Subject to Section 16: 1 |
| Issuer: |
| Issuer CIK: 917251 |
| Issuer Name: AGREE REALTY CORP |
| Issuer Trading Symbol: ADC |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1663789 |
| | Owner Name: PARTRIDGE MATTHEW MORRIS |
| Reporting Owner Address: |
| | Owner Street 1: 70 E. LONG LAKE |
| | Owner Street 2: |
| | Owner City: BLOOMFIELD HILLS |
| | Owner State: MI |
| | Owner ZIP Code: 48304 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: CFO, Executive VP, Secretary |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Shares |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 8/4/17 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: D |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 10,149 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,082 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Represents the forfeiture of time-based restricted shares granted to the reporting person on January 13, 2016 and February 23, 2017 that were eligible to vest based on the reporting person's continued service as an employee of the issuer or an affiliate. On July 5, 2017 the reporting person notified the issuer of their voluntary resignation, which became effective August 4, 2017. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/Cheryl A. Hamilton, as attorney-in-fact for Matthew Morris Partridge |
| Signature Date: 8/8/17 |
