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Registration No. 333-69121
Filed Pursuant to Rule 424(b)(3)
Prospectus Supplement To Prospectus Dated January 20, 1999
APARTMENT INVESTMENT AND MANAGEMENT COMPANY
Colorado Center, Tower Two
2000 South Colorado Boulevard, Suite 2-1000
Denver, Colorado 80222
(303) 757-8101
750,000 SHARES OF CLASS B CUMULATIVE CONVERTIBLE PREFERRED STOCK
AND
4,212,283 SHARES OF CLASS A COMMON STOCK
The table setting forth the shares to be sold by the Selling Stockholders as
set forth under "Selling Stockholders" in Apartment Investment and Management
Company's Prospectus, dated January 20, 1999, is hereby amended to delete the
Pankey Group, a California limited partnership, to revise the information
related to Roberta Pankey Hurst, Edgard E. Pankey, Trustee under Declaration of
Trust dated December 6, 1985, James H. Pankey and Victor S. Pankey and to add
Peter S. Pankey and Mona M. Pankey as Selling Stockholders as set forth below:
Shares Owned
Selling Stockholders Prior To Offering(1)
-------------------- --------------------
Roberta Pankey Hurst 142,965
Edgard E. Pankey, Trustee under Declaration
of Trust dated December 6, 1985 302,479(2)(3)
James H. Pankey 157,965(4)
Peter S. Pankey and Mona M. Pankey 91,875
Victor S. Pankey 152,584(2)
----------------
(1) The number of shares shown reflects the number of shares of Class A Common
Stock (subject to adjustment pursuant to anti-dilution adjustment provisions)
that may be issued to the Selling Stockholders from time to time by AIMCO in
exchange for Partnership Common Units of the AIMCO operating partnership
tendered for redemption by such Selling Stockholder pursuant to the agreement of
limited partnership of the AIMCO operating partnership.
(2) The Selling Stockholder has pledged 91,875 shares to Merrill Lynch Bank USA
to collateralize a loan facility. If a default under the loan facility occurs,
Merrill Lynch Bank USA may sell such shares.
(3) Edgard E. Pankey is a member of AIMCO's Advisory Board.
(4) The Selling Stockholder pledged 91,875 shares to Merrill Lynch Private
Finance Inc. to collateralize a loan facility. If a default under the loan
facility occurs, Merrill Lynch Private Finance Inc. may sell such shares.
The date of this Prospectus Supplement is May 3, 2001