Carruthers Richard A 4
4 · Century Communities, Inc. · Filed Feb 13, 2018
Insider Transaction Report
Form 4
Carruthers Richard A
Other
Transactions
- Exercise/Conversion
Common Stock
2018-02-10$28.95/sh+6,666$192,981→ 39,322 total - Tax Payment
Common Stock
2018-02-10$28.95/sh−3,014$87,255→ 36,308 total - Exercise/Conversion
Restricted Stock Units
2018-02-10$28.95/sh−6,666$192,981→ 22,305 total→ Common Stock (6,666 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]8,197 restricted stock units vest in equal installments annually over three years beginning on February 7, 2019. 7,441 restricted stock units vest in equal installments annually over two years beginning on February 8, 2019. 6,667 restricted stock units vest on February 10, 2019. The reporting person must remain continuously employed by the Company through the applicable vesting date.