UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934


Date of report (Date of earliest event reported): March 8 , 2018


AMERICAN CAMPUS COMMUNITIES, INC.
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP
(Exact name of Registrant as specified in its Charter)
Maryland
Maryland
001-32265
333-181102-01
76-0753089
56-2473181
(State or other jurisdiction of
incorporation or organization)
(Commission file number)
(I.R.S. Employer
Identification Number)

12700 Hill Country Blvd., Suite T-200, Austin, Texas 78738
( Address of Principal Executive Offices)     (Zip Code)

Registrant's telephone number, including area code: (512) 732-1000

Not applicable
(Former Name or Former Address, if Changed Since Last Report)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




Item 5.02      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective March 8, 2018, John T. Rippel was appointed to the Board of Directors of American Campus Communities, Inc. (the "Company"). A copy of the press release issued in connection with the appointment of Mr. Rippel is attached hereto as Exhibit 99.1.
Mr. Rippel will serve as an independent director and has been appointed to the Audit Committee of the Board. In connection with his appointment to the Board of Directors, Mr. Rippel received an initial grant of restricted stock units with a fair market value on date of grant of $115,000. This grant immediately vested and was settled in shares of common stock. In connection with his service on the Board, Mr. Rippel will receive annual cash compensation and equity grants pursuant to the Company's director compensation policy.
Item 9.01.      Financial Statements and Exhibits.

(c)
Exhibits .
Exhibit
 
 
Number
Title
 
 
 
 
99.1
Press release, dated March 8, 2018
 






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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
AMERICAN CAMPUS COMMUNITIES, INC.
 
 
 
 
 
 
 
 
 
 
Date: March 9, 2018
 
By:
/s/ Kim K. Voss
 
 
 
 
 
 
Kim K. Voss
 
 
 
 
 
 
Executive Vice President, Chief Accounting Officer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP
 
 
 
 
 
 
 
 
 
 
 
 
 
 
By:
American Campus Communities Holdings LLC, its general partner
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
By:
American Campus Communities, Inc., its sole member
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
By:
/s/ Kim K. Voss
 
 
 
 
 
 
 
 
Kim K. Voss
 
 
 
 
 
 
 
 
Executive Vice President,
Chief Accounting Officer
 


3


EXHIBIT INDEX

Exhibit
 
 
Number
Title
 
 
 
 
Press release, dated March 8, 2018
 


Exhibit 99.1

ACCPRESSRELEASECHANDL_IMAGE1.GIF


American Campus Communities Appoints John T. Rippel to Board of Directors

AUSTIN, Texas--(BUSINESS WIRE)-March 8, 2018--American Campus Communities, Inc. (NYSE: ACC), the largest owner, manager and developer of high-quality student housing properties in the U.S., today announced the appointment of John T. Rippel to the company’s Board of Directors, effective immediately. Rippel will serve as an independent director of the company and as a member of the Audit Committee of the Board.

Rippel is a founding partner of Alliance Residential Company, one of the largest private U.S. multifamily companies, and has been its chief investment officer since 2001 with responsibility for identifying development opportunities and directing the acquisition process for existing communities throughout the country. Rippel began his multifamily career in 1982 as the partner in charge of south Texas development and acquisition for Trammell Crow Residential. In 1994, he led his division to the successful initial public offering of Gables Residential, where he served as a director and its president and chief operating officer. Prior to joining Trammell Crow Residential, Rippel was a CPA with Kenneth Leventhal Company, a national public accounting firm which is now a part of Ernst & Young. Rippel obtained his BBA from The University of Texas at Austin.

American Campus Communities CEO Bill Bayless commented, "John's deep knowledge of real estate investment and development, coupled with his REIT, leadership and management experience, makes him an ideal addition to the board. I am excited at the prospect of John joining our team and look forward to working with him."

"We conducted an exhaustive search for people who would further strengthen our board’s breadth of talent and background, and we are delighted to have identified such an outstanding individual," said Ed Lowenthal, American Campus Communities’ Chairman of the Board. "We believe that having a board comprised of directors with widely-varying backgrounds provides a more robust perspective, better enabling oversight in driving sustainable financial performance in the current complex and rapidly-evolving business environment. In addition, working to advance this effort, we have retained a third party to assist us in identifying other Board members to complement our Board diversity."


About American Campus Communities

American Campus Communities, Inc. is the largest owner, manager and developer of high-quality student housing communities in the United States. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management and operational management of student housing properties. As of December 31, 2017, American Campus Communities owned 169 student housing properties containing approximately 104,100 beds. Including its owned and third-party managed properties, ACC's total managed portfolio consisted of 206 properties with approximately 134,100 beds. Visit www.americancampus.com .


Forward-Looking Statements

In addition to historical information, this press release contains forward-looking statements under the applicable federal securities law. These statements are based on management’s current expectations and assumptions regarding markets in which American Campus Communities, Inc. operates, operational strategies, anticipated events and trends, the economy, and other future conditions. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict.

American Campus Communities, Inc.
Ryan Dennison, 512-732-1000
Investor Relations