Jade Leung - May 15, 2023 Form 3 Insider Report for CaliberCos Inc. (CWD)

Role
CFO
Signature
/s/ Jade Leung
Stock symbol
CWD
Transactions as of
May 15, 2023
Transactions value $
$0
Form type
3
Date filed
5/15/2023, 05:25 PM
Next filing
Sep 28, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CWD Class A Common Stock 154K May 15, 2023 Direct F1

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
holding CWD Employee Stock Options (right to buy) May 15, 2023 Class A Common Stock 386K $3.36 Direct F2
holding CWD Employee Stock Options (right to buy) May 15, 2023 Class A Common Stock 59.5K $5.85 Direct F3
holding CWD Employee Stock Options (right to buy) May 15, 2023 Class A Common Stock 5.42K $6.49 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") granted pursuant to Issuer's Amended and Restated 2017 Stock Incentive Plan. The RSUs are common stock equivalents and represent a contingent right to receive common stock of Issuer upon vesting. Of such RSUs (i) 118,903 were granted December 31, 2021, and are fully vested; (ii) 5,421 were granted on December 31, 2021, and vest one-quarter on each of February 19, 2022, 2023, 2024 and 2025; and (iii) 29,726 were granted April 1, 2022, vest one-quarter on April 1, 2023, and 1/36th per month thereafter.
F2 Employee stock options (right to buy)("Options") granted January 1, 2016. Such Options are fully vested.
F3 Options granted December 31, 2019 pursuant to Issuer's Amended and Restated 2017 Stock Incentive Plan. The Options vest one-quarter on the first anniversary date of the grant and 1/36th per month thereafter until fully vested on December 31, 2023.
F4 Options granted January 1, 2021 pursuant to Issuer's Amended and Restated 2017 Stock Incentive Plan. The Options vest one-quarter on the first anniversary date of the grant and 1/36th per month thereafter until fully vested on January 1, 2025.