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4//SEC Filing

Habersetzer Jeffrey 4

Accession 0001840252-23-000003

CIK 0001784567other

Filed

May 30, 8:00 PM ET

Accepted

May 31, 5:17 PM ET

Size

9.3 KB

Accession

0001840252-23-000003

Insider Transaction Report

Form 4
Period: 2023-05-26
Habersetzer Jeffrey
COO/Secretary
Transactions
  • Exercise/Conversion

    Common Stock, no par value

    2023-05-26+5831,747 total
  • Exercise/Conversion

    Restricted Stock Units

    2023-05-265831,167 total
    Common Stock, no par value (583 underlying)
Holdings
  • Stock Options

    Common Stock, no par value (6,451 underlying)
    6,451
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. Habersetzer was granted 1,750 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. Habersetzer's continued employment through each applicable vesting date.
  • [F3]Represents the total number of unvested common stock granted to Mr. Habersetzer pursuant to the 2020 Restricted Stock Plan.
  • [F4]Mr. Habersetzer was granted 451 stock options with an exercise price of $7.99 on December 19, 2019. These stock options are fully vested and have an expiration date of December 19, 2029, subject to Mr. Habersetzer continuing to be an employee of the Company. Mr. Habersetzer was granted 1,000 stock options with an exercise price of $130.00 on September 1, 2020. These stock options are fully vested and have an expiration date of September 1, 2030, subject to Mr. Habersetzer continuing to be an employee of the Company. Mr. Habersetzer was granted 5,000 stock options with an exercise price of $65.00 on June 28, 2021. One twenty-fourth of the shares subject to this option vest each month and they have an expiration date of June 28, 2031, subject to Mr. Habersetzer continuing to be an employee of the Company.

Issuer

Harbor Custom Development, Inc.

CIK 0001784567

Entity typeother

Related Parties

1
  • filerCIK 0001840252

Filing Metadata

Form type
4
Filed
May 30, 8:00 PM ET
Accepted
May 31, 5:17 PM ET
Size
9.3 KB