Suit Neal J 4
4 · Green Brick Partners, Inc. · Filed Mar 6, 2025
Insider Transaction Report
Form 4
Suit Neal J
General Counsel & EVP
Transactions
- Tax Payment
Common Stock
2025-03-06$60.51/sh−360$21,784→ 18,614 total
Holdings
- 2,790
Performance Based Restricted Stock Units
→ Common Stock (2,790 underlying) - 2,790
Restricted Stock Units
→ Common Stock (2,790 underlying) - 2,790
Performance Based Restricted Stock Units
→ Common Stock (2,790 underlying)
Footnotes (6)
- [F1]Reflects shares withheld for taxes payable upon the vesting of the restricted stock award previously awarded on March 6, 2023 in a transaction exempt pursuant to Rule 16b-3.
- [F2]The Restricted Stock Units convert into shares of Common Stock on a one-for-one basis upon vesting.
- [F3]These RSUs were granted pursuant to the Company's Long-Term Incentive Program (the "LTIP") under its 2024 Omnibus Incentive Plan (the "2024 Plan") and vest equally on the first, second and third anniversary of the Grant Date.
- [F4]These Performance-Based Restricted Stock Units (PSUs) convert into shares of Common Stock on a one-for-one basis upon vesting.
- [F5]These PSUs were granted pursuant to the Company's LTIP and are earned between 50% and 200% based on the Company's performance during the 2025-2027 Performance Period, provided that the Company's performance exceeds the threshold performance level. Once earned, the PSUs vest on the third anniversary of the Grant Date.
- [F6]These PSUs were granted pursuant to the Company's LTIP and are earned in four segments, (1) 16.66% are earned based on performance during 2025, (2) 16.67% are earned based on performance during each of 2026 and 2027 and (3) 50% are earned based on the Company's three-year performance. The PSUs in each segment can be earned between 50% and 200% based on the Company's performance, provided that the Company's performance exceeds the threshold performance level. Once earned, the PSUs vest on the third anniversary of the Grant Date.