AMERICAN COMMUNITY PROPERTIES TRUST
4, 2000-02-08
LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES)
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FORM 4

U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

[ ]

Check this box if no longer
subject to Section 16. Form 4
or Form 5 obligations may
continue. See Instruction 1(b).

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person

Scott T. Michael

2. Issuer Name and Ticker or Trading Symbol

American Community Properties Trust (APO)

6. Relationship of Reporting Person to Issuer
(Check all applicable)

_____Director _____10% Owner
_____Officer (give X Other (specify
title below)
below)
Trustee

(Last) (First) (Middle)

560 Herndon Parkway, Suite 210

3. IRS Identification
Number of
Reporting Person,
if an Entity
(Voluntary)

4. Statement for
Month/Year

January 2000

(Street)


Herndon VA 20170

5. If Amendment,
Date of Original
(Month/Year)

7. Individual or Joint/Group Filing
(Check applicable line)
X Form Filed by One Reporting Person
____Form Filed by More than One Reporting
Person

(City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security

2. Trans-
action
Date

3. Trans-
action
Code
(Instr. 8)

4. Securities Acquired (A)
or Disposed of (D)
(Instr. 3, 4 and 5)

5. Amount of
Securities
Beneficially
Owned at
End of
Month
(Instr. 3 and 4)

6. Ownership
Form Direct (D)
or Indirect (I)
(Instr. 4)

7. Nature
of In-
direct
Bene-
ficial
Owner-
ship
(Instr. 4)
 

(Month/
Day/Year)


Code


V


Amount

(A) or
(D)


Price

      

Common Stock

1/18/00

P

  

2,000

A

$3.50

2,000

D

  
                   

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion
or Exercise
Price of
Derivative
Security

3. Transaction
Date
(Month/Day/Year)

4. Transaction
Code
(Instr. 8)

5. Number of
Derivative
Securities
Acquired (A) or
Disposed of (D)
(Instr. 3,4, and 5)

6. Date Exercisable
and Expiration Date
(Month/Day/Year)
     


Code


V


(A)


(D)

Date
Exercisable

Expiration
Date
                 
                 

7. Title and Amount of
Underlying Securities
(Instr. 3 and 4)

8. Price of
Derivative
Security
(Instr. 5)

9. Number of
Derivative Securities
Beneficially Owned
at End of Month
(Instr. 4)

10. Ownership Form
of Derivative Security:
Direct (D) or
Indirect (I)
(Instr. 4)

11. Nature of Indirect
Beneficial
Ownership
(Instr. 4)


Title

Amount or
Number of
Shares

        
           
           

Explanation of Responses

 

/s/ T. Michael Scott
Signature of Reporting Person

February 8, 2000
Date

 



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