Carruthers Richard A 4
4 · Century Communities, Inc. · Filed Feb 7, 2018
Insider Transaction Report
Form 4
Carruthers Richard A
Other
Transactions
- Tax Payment
Common Stock
2018-02-04$29.90/sh−6,172$184,543→ 30,060 total
Holdings
- 24,494
Restricted Stock Units
→ Common Stock (24,494 underlying)
Footnotes (3)
- [F1]Represents shares of restricted stock delivered to the issuer to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock. The disposition of the delivered shares is exempt pursuant to Rule 16b-3(e).
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F3]13,333 restricted stock units vest in equal installments annually over the next two years beginning on February 10, 2018. 11,161 restricted stock units vest in equal installments annually over three years beginning on February 8, 2018. The reporting person must remain continuously employed by the Company through the applicable vesting date.