4//SEC Filing
Griffin Sterling 4
Accession 0001811633-23-000004
CIK 0001784567other
Filed
May 30, 8:00 PM ET
Accepted
May 31, 5:20 PM ET
Size
9.0 KB
Accession
0001811633-23-000004
Insider Transaction Report
Form 4
Griffin Sterling
DirectorPresident/CEO
Transactions
- Exercise/Conversion
Common Stock, no par value
2023-05-26+1,667→ 136,778 total - Exercise/Conversion
Restricted Stock Units
2023-05-26−1,667→ 3,333 total→ Common Stock, no par value (1,667 underlying)
Holdings
- 4,379
Stock Options
→ Common Stock, no par value (4,379 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
- [F2]On May 26, 2022, Mr. Griffin was granted 5,000 shares of common stock pursuant to the 2020 Restricted Stock Plan, whereby 1/3 of the shares of common stock vest on each anniversary until May 26, 2025, contingent on Mr. Griffin's continued employment through each applicable vesting date.
- [F3]Represents the total number of unvested common stock granted to Mr. Griffin pursuant to the 2020 Restricted Stock Plan.
- [F4]Mr. Griffin was granted 3,378 stock options with an exercise price of $8.88 on December 31, 2018. These stock options are fully vested and have an expiration date of December 31, 2023, subject to Mr. Griffin continuing to be an employee of the Company. Mr. Griffin was granted 1,000 stock options with an exercise price of $92.40 on October 13, 2020. These stock options are fully vested and have an expiration date of October 13, 2030, subject to Mr. Griffin continuing to be an employee of the Company.
Documents
Issuer
Harbor Custom Development, Inc.
CIK 0001784567
Entity typeother
Related Parties
1- filerCIK 0001811633
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 5:20 PM ET
- Size
- 9.0 KB