MDC HOLDINGS INC 4
4 · MDC HOLDINGS INC · Filed May 17, 2017
Insider Transaction Report
Form 4
TOUFF MICHAEL
Sr VP and General Counsel
Transactions
- Exercise/Conversion
Common Stock $.01 Par Value
2017-05-16$27.98/sh+31,500$881,370→ 148,027 total - Exercise/Conversion
Common Stock $.01 Par Value
2017-05-16$23.28/sh+26,250$611,100→ 142,777 total - Exercise/Conversion
Non-Statutory Stock Option (right to buy)
2017-05-16−31,500→ 0 totalExercise: $27.98From: 2011-12-30Exp: 2018-12-30→ Common Stock $.01 Par Value (31,500 underlying) - Exercise/Conversion
Non-Statutory Stock Option (right to buy)
2017-05-16−26,250→ 0 totalExercise: $27.42From: 2013-12-30Exp: 2020-12-30→ Common Stock $.01 Par Value (26,250 underlying) - Sale
Common Stock $.01 Par Value
2017-05-16$34.44/sh−26,250$904,050→ 116,527 total - Exercise/Conversion
Non-Statutory Stock Option (right to buy)
2017-05-16−26,250→ 0 totalExercise: $23.28From: 2015-03-08Exp: 2022-03-08→ Common Stock $.01 Par Value (26,250 underlying) - Sale
Common Stock $.01 Par Value
2017-05-16$34.32/sh−31,500$1,081,080→ 116,527 total - Exercise/Conversion
Common Stock $.01 Par Value
2017-05-16$27.42/sh+26,250$719,775→ 142,777 total - Sale
Common Stock $.01 Par Value
2017-05-16$34.44/sh−26,250$904,050→ 116,527 total
Holdings
- 9,991(indirect: By IRA)
Common Stock $.01 Par Value
- 26,372(indirect: By 401(k))
Common Stock $.01 Par Value
Footnotes (6)
- [F1]All share amounts and exercise prices have been adjusted to reflect the distribution of a five percent (5%) stock dividend on December 20, 2016.
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $34.00 to $34.63, inclusive. The reporting person undertakes to provide M.D.C. Holdings, Inc., any security holder of M.D.C. Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $34.29 to $34.74, inclusive. The reporting person undertakes to provide M.D.C. Holdings, Inc., any security holder of M.D.C. Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F4]Unitized shares held in a stock fund in the Reporting Person's 401(k) Savings Plan which changes on a daily basis.
- [F5]Represents a stock option under the Company's 2001 Equity Incentive Plan, which meets all of the requirements under Rule 16b-3.
- [F6]Represents a stock option under the Company's 2011 Equity Incentive Plan, which meets all of the requirements under Rule 16b-3.