Keith A. Feldman - Mar 30, 2023 Form 4 Insider Report for United Homes Group, Inc. (UHG)

Role
Chief Financial Officer
Signature
/s/ Keith Feldman
Stock symbol
UHG
Transactions as of
Mar 30, 2023
Transactions value $
$0
Form type
4
Date filed
4/3/2023, 05:30 PM
Previous filing
Feb 7, 2023
Next filing
May 30, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UHG Class A Common Stock Other $0 +235K $0.00 235K Mar 30, 2023 Direct F1
transaction UHG Class A Common Stock Other $0 +137K +58.37% $0.00 372K Mar 30, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UHG Private Placement Warrants Other $0 +150K $0.00 150K Mar 30, 2023 Class A Common Stock 150K $11.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 30, 2023, DiamondHead Holdings Corp. (the "Former Issuer") consummated its business combination with Great Southern Homes, Inc., as described on Form S-4 (File No. 333-267820) filed by the Former Issuer with the U.S. Securities and Exchange Commission, which was declared effective on February 14, 2023 and includes a proxy statement/prospectus of the Former Issuer (the "Definitive Proxy"). Pursuant to the terms of the Limited Liability Company Operating Agreement of DHP SPAC-II Sponsor LLC, the Former Issuer's sponsor (the "Sponsor"), dated January 25, 2021 as amended from time to time, the Reporting Person, as a member of the Sponsor, received 235,118 UHG Class A Common Shares (as defined in the Definitive Proxy), which were converted from DHHC Class B Shares (as defined in the Definitive Proxy) upon consummation of the business combination, and 149,520 Private Placement Warrants (as defined in the Definitive Proxy).
F2 Pursuant to the terms of the Distribution Agreement, dated March 29, 2023, the Reporting Person was entitled to receive 137,229 shares of DHHC Class A Common Shares (as defined in the Definitive Proxy).