UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
MID AMERICA APARTMENT COMMUNITIES INC.
--------------------------------------------------------------------------------
(NAME OF ISSUER)
ORDINARY SHARES
--------------------------------------------------------------------------------
(TITLE OF CLASS OF SECURITIES)
59522J103
--------------------------------------------------------------------------------
(CUSIP NUMBER)
DECEMBER 31, 2005
--------------------------------------------------------------------------------
(DATE OF EVENT WHICH REQUIRES
FILING OF THIS STATEMENT)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
CUSIP NO. 59522J103 13G PAGE 2 OF 9 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
ING Groep N.V.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
Not Applicable (b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
The Netherlands
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
1,492,800(1)
NUMBER OF ---------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY EACH 0
REPORTING ---------------------------------------------------------
PERSON WITH: 7 SOLE DISPOSITIVE POWER
1,492,800(1)
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,492,800
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [_]
Not Applicable
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.86%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
HC
--------------------------------------------------------------------------------
--------------------
1 These shares are held by indirect subsidiaries of ING Groep N.V. in their role
as a discretionary manager of client portfolios.
-2-
CUSIP NO. 59522J103 13G PAGE 3 OF 9 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
ING Bewaarmaatschappij I B.V.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
Not Applicable (b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
The Netherlands
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
1,434,700(2)
NUMBER OF ---------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY EACH 0
REPORTING ---------------------------------------------------------
PERSON WITH: 7 SOLE DISPOSITIVE POWER
1,434,700(2)
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,434,700
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [_]
Not Applicable
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.86%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
HC
--------------------------------------------------------------------------------
--------------------
2 ING Bewaarmaatschappij I B.V. is a wholly owned subsidiary of ING Groep N.V.
-3-
CUSIP NO. 59522J103 13G PAGE 4 OF 9 PAGES
ITEM 1(A). NAME OF ISSUER:
Mid America Apartment Communities Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
6584 Poplar Ave
Suite 340
Memphis, TN 38138
ITEM 2(A). NAME OF PERSON FILING:
ING Groep N.V.
ING Bewaarmaatschappij I B.V.
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Amstelveenseweg 500
1081 KL Amsterdam
The Netherlands
Prinses Beatrixlaan 35
2595 AS Den Haag
The Netherlands
ITEM 2(C). CITIZENSHIP:
See item 4 on Page 2
See item 4 on Page 3
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Ordinary Shares
ITEM 2(E). CUSIP NUMBER:
59522J103
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B)
OR (C), CHECK WHETHER THE PERSON FILING IS A: (Not Applicable)
(a) [_] Broker or dealer registered under Section 15 of the Securities
Exchange Act of 1934, as amended (the "Exchange Act");
-4-
CUSIP NO. 59522J103 13G PAGE 5 OF 9 PAGES
(b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange
Act;
(d) [_] Investment company registered under Section 8 of the Investment
Company Act of 1940, as amended (the "Investment Company Act");
(e) [_] Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)
under the Exchange Act;
(f) [_] Employee benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F) under the Exchange Act;
(g) [_] Parent holding company or control person in accordance with Rule
13d-1(b)(ii)(G) under the Exchange Act;
(h) [_] Savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) [_] Church plan that is excluded from the definition of an investment
company under Section 3(c)(14) of the Investment Company Act;
(j) [_] Group in accordance with Rule 13d-1(b)(1)(ii)(J) under the
Exchange Act.
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned:
See item 9 on Page 2
See item 9 on Page 3
(b) Percent of class:
See item 11 on Page 2
See item 11 on Page 3
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See item 5 on Page 2
See item 5 on Page 3
-5-
CUSIP NO. 59522J103 13G PAGE 6 OF 9 PAGES
(ii) Shared power to vote or to direct the vote:
See item 6 on Page 2
See item 6 on Page 3
(iii) Sole power to dispose or to direct the disposition of:
See item 7 on Page 2
See item 7 on Page 3
(iv) Shared power to dispose or to direct the disposition of:
See item 8 on Page 2
See item 8 on Page 3
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR
CONTROL PERSON.
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable
ITEM 10. CERTIFICATION.
Not Applicable
-6-
CUSIP NO. 59522J103 13G PAGE 7 OF 9 PAGES
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 13, 2006
----------------------------------------
(Date)
ING GROEP N.V.
By:
/s/ Cornelis Blokbergen
----------------------------------------
(Signature)
Cornelis Blokbergen,
Head Legal Department
----------------------------------------
(Name/Title)
/s/ Henricus J. Bruisten
----------------------------------------
(Signature)
Henricus J. Bruisten
Assistant General Counsel
----------------------------------------
(Name/Title)
CUSIP NO. 59522J103 13G PAGE 8 OF 9 PAGES
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 13, 2006
----------------------------------------
(Date)
ING Bewaarmaatschappij I B.V.
By:
/s/ Cornelis Blokbergen
----------------------------------------
(Signature)
Cornelis Blokbergen,
Authorized Signatory
----------------------------------------
(Name/Title)
/s/ Henricus J. Bruisten
----------------------------------------
(Signature)
Henricus J. Bruisten
Authorized Signatory
----------------------------------------
(Name/Title)
CUSIP NO. 59522J103 13G PAGE 9 OF 9 PAGES
Exhibit A to Schedule 13G
Joint Filing Agreement
Pursuant to Rule 13d-1(k)
The undersigned persons (the "Reporting Persons") hereby agree that a
joint statement on this Schedule 13G, and any amendments thereto, be filed on
their behalf by ING Groep N.V.
Each of the Reporting Persons is responsible for the completeness and
accuracy of the information concerning each of them contained therein, but none
of the Reporting Persons is responsible for the completeness or accuracy of the
information concerning any other Reporting Person.
Date: February 13, 2006
ING Groep N.V.
Assistant General Counsel
By: /s/ Cornelis Blokbergen
-------------------------------------
Name: Cornelis Blokbergen
Title: Head Legal Department
By: /s/ Henricus J. Bruisten
-------------------------------------
Name: Henricus J. Bruisten
Title: Assistant General Counsel
ING Bewaarmaatschappij I B.V.
By: /s/ Cornelis Blokbergen
-------------------------------------
Name: Cornelis Blokbergen
Title: Authorized Signatory
By: /s/ Henricus J. Bruisten
-------------------------------------
Name: Henricus J. Bruisten
Title: Authorized Signatory