Item 5.07 Submission of Matters to a Vote of Security Holders.

Preferred Apartment Communities, Inc. (the "Company") reconvened its special meeting of stockholders on June 17, 2022 (the "Special Meeting"), continuing a meeting that had been adjourned on June 7, 2022. At the reconvened Special Meeting, the Company's common stockholders voted on two proposals related to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 16, 2022, as it may be amended from time to time, among Pike Parent LLC, Pike Merger Sub I LLC, Pike Merger Sub II LLC, Pike Merger Sub III LLC, the Company, Preferred Apartment Communities Operating Partnership, L.P. and PAC Operations, LLC, each of which is described in further detail in the Company's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission and first mailed to stockholders on April 14, 2022. The Merger Agreement provides for (1) the merger of the Company with and into Pike Merger Sub I LLC (the " Company Merger"), (2) the merger of Pike Merger Sub II LLC with and into Preferred Apartment Communities Operating Partnership, L.P. (the "Partnership Merger") and (3) the merger of PAC Operations, LLC with and into Pike Merger Sub III LLC (together with the Company Merger and the Partnership Merger, the "Mergers").

As of the close of business on April 11, 2022, the record date for the Special Meeting, there were 64,341,143 shares of common stock of the Company, par value $0.01 per share (the "common stock"), outstanding and entitled to vote. Each share of common stock was entitled to one vote with respect to each proposal at the Special Meeting. A total of 44,610,634 shares of common stock were voted virtually or by proxy at the reconvened Special Meeting, representing 69.3% of the votes entitled to be cast at the reconvened Special Meeting, which constituted a quorum to conduct business at the reconvened Special Meeting. At the reconvened Special Meeting, the Company's stockholders were asked to consider and vote on the following matters:

•a proposal to approve the Company Merger pursuant to the terms of the Merger Agreement (the "Merger Proposal"); and

•a proposal to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to the Company's named executive officers that is based on or otherwise relates to the Mergers (the "Advisory Compensation Proposal").

At the reconvened Special Meeting, the Company's common stockholders approved each of the proposals set forth above. Given the Company's common stockholders approved the Merger Proposal, a third proposal to further adjourn the Special Meeting, if necessary, to solicit additional proxies, was rendered moot and not presented.

The final voting results for each proposal are set forth below.

Merger Proposal

At the reconvened Special Meeting, the Company's common stockholders voted to approve the Company Merger. The table below sets forth the voting results for this proposal:



 Votes For        Votes Against       Abstentions
 43,992,572          419,806            198,256

Advisory Compensation Proposal

At the reconvened Special Meeting, the Company's common stockholders voted to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to the Company's named executive officers that is based on or otherwise relates to the Mergers. The table below sets forth the voting results for this proposal:



 Votes For        Votes Against       Abstentions
 36,856,880         6,874,177           879,577

Because none of the proposals before the reconvened Special Meeting were "routine" matters, there were no broker non-votes occurring in connection with these proposals at the reconvened Special Meeting.

Subject to the satisfaction or waiver of all of the conditions to the closing of the Mergers in the Merger Agreement, the Mergers are expected to be completed on June 23, 2022

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Item 8.01 Other Events

On June 17, 2022, the Company issued a press release announcing the results of the voting at the reconvened Special Meeting, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press Release of Preferred Apartment Communities, Inc. dated June

1 7, 2022 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

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