MDC HOLDINGS INC 4
4 · MDC HOLDINGS INC · Filed Jan 27, 2015
Insider Transaction Report
Form 4
TOUFF MICHAEL
Sr VP and General Counsel
Transactions
- Award
Non-Statutory Stock Option (right to buy)
2015-01-26+25,000→ 25,000 totalExercise: $24.99From: 2016-01-26Exp: 2025-01-26→ Common Stock $.01 Par Value (25,000 underlying) - Award
Common Stock $.01 Par Value
2015-01-26+2,000→ 109,276 total
Holdings
- 9,516(indirect: By IRA)
Common Stock $.01 Par Value
- 22,893(indirect: By 401(k))
Common Stock $.01 Par Value
Footnotes (3)
- [F1]Shares of restricted stock granted on January 26, 2015 for no cash consideration pursuant to the Company's 2011 Equity Incentive Plan and a Restricted Stock Agreement. Pursuant to the Restricted Stock Agreement, the restrictions will lapse as to 33-1/3% of the shares on each of January 26, 2016, 2017 and 2018.
- [F2]Unitized shares held in a stock fund in the Reporting Person's 401(k) Savings Plan which changes on a daily basis.
- [F3]Granted on January 26, 2015, under the Company's 2011Equity Incentive Plan. The option will vest as to 25% of the shares covered thereby on each of January 26, 2016, 2017, 2018 and 2019. This option was granted at the January 26, 2015 market close price.