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): January 23, 2012
CONSOLIDATED CAPITAL PROPERTIES IV, LP
(Exact name of registrant as specified in its charter)
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DELAWARE | | 0-11002 | | 94-2768742 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
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55 BEATTIE PLACE POST OFFICE BOX 1089 GREENVILLE, SOUTH CAROLINA | | 29602 |
(Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code (864) 239-1000
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 (see General Instruction A.2. below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 5.07. Submission of Matters to a Vote of Security Holders
As previously disclosed, on November 15, 2011, Consolidated Capital Properties IV, LP, a Delaware limited partnership (“CCP IV”), entered into an amended and restated agreement and plan of merger (the “Merger Agreement”) with AIMCO Properties, L.P., a Delaware limited partnership (“Aimco OP”) and AIMCO CCP IV Merger Sub LLC, a Delaware limited liability company of which Aimco OP is the sole member (the “Merger Subsidiary”). The Merger Agreement provides for the Merger Subsidiary to be merged with and into CCP IV, with CCP IV as the surviving entity, upon approval by a majority in interest of the units of limited partnership interest of CCP IV (the “CCP IV Units”) outstanding.
On January 23, 2012, Aimco OP and its affiliates, which owned 237,778.5 of the 342,727 issued and outstanding CCP IV Units, or approximately 69.38% of the number of units outstanding, took action by written consent to approve the merger, which was completed on January 23, 2012. In the merger, each CCP IV Unit outstanding immediately prior to the merger (other than CCP IV Units as to which appraisal rights are elected) was converted into the right to receive, at the election of the holder, either $56.14 in cash (the “Cash Consideration”), or 2.44 partnership common units of Aimco OP. Limited partners who reside in the State of California, or who fail to make an election, will receive only the Cash Consideration. In the merger, Aimco OP’s membership interest in the Merger Subsidiary was converted into 1,000 CCP IV Units. ConCap Equities, Inc. continues to be the sole general partner of CCP IV, and CCP IV’s agreement of limited partnership in effect immediately prior to the merger remains unchanged.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | CONSOLIDATED CAPITAL PROPERTIES IV, LP |
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Date: January 23, 2012 | | By: | | CONCAP EQUITIES, INC., |
| | | | Its General Partner |
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| | By: | | /s/ Stephen B. Waters |
| | | | Stephen B. Waters |
| | | | Senior Director of Partnership Accounting |