Parker Stewart Hugh 4
4 · Century Communities, Inc. · Filed Feb 22, 2018
Insider Transaction Report
Form 4
Parker Stewart Hugh
Other
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-02-21$31.95/sh−5,000$159,750→ 18,197 total→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2018-02-21$31.95/sh+5,000$159,750→ 5,000 total - Tax Payment
Common Stock
2018-02-21$31.95/sh−1,218$38,915→ 3,782 total
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 February 7, 2019. 10,000 restricted stock units vest in equal installments annually over two years beginning on February 21, 2019. The reporting person must remain continuously employed by the Company through the applicable vesting date.