LGI Homes, Inc. 4
4 · LGI Homes, Inc. · Filed Nov 8, 2016
Insider Transaction Report
Form 4
LGI Homes, Inc.LGIH
Britton Margaret Mary
Chief Administrative Officer
Transactions
- Award
Common Stock
2016-09-30$31.31/sh+514$16,093→ 25,612 total - Tax Payment
Common Stock
2016-11-07−411→ 26,701 total - Exercise/Conversion
Restricted Stock Units
2016-11-07−1,500→ 0 total→ Common Stock (1,500 underlying) - Exercise/Conversion
Common Stock
2016-11-07+1,500→ 27,112 total
Holdings
- 3,570(indirect: By Mom)
Common Stock
- 3,409(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]The reporting person is voluntarily reporting the acquisition of the issuee's common stock pursuant to the LGI Homes, Inc. Employee Stock Purchase Program ("ESPP"), for the ESPP purchase period of July 1, 2016 through September 30, 2016.
- [F2]In accordance with the ESPP, these shares were purchased based on 85% of the closing stock price September 30, 2016, the last trading day of the purchase period.
- [F3]Restricted stock units convert into LGI Homes, Inc. common stock on a one-for-one basis.
- [F4]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F5]In November 2013, the reporting person was granted 4,545 restricted stock units, which vested in three annual installments beginning on November 6, 2014.