Matt McGraner - 15 Feb 2022 Form 4 Insider Report for VINEBROOK HOMES TRUST, INC. (NA)

Role
Executive Vice President, Chief Investment Officer and Secretary
Signature
/s/ Brian Mitts, as attorney-in-fact for Matthew R. McGraner
Issuer symbol
NA
Transactions as of
15 Feb 2022
Transactions value $
-$114,527
Form type
4
Filing time
17 Feb 2022, 17:36:17 UTC
Previous filing
17 Dec 2021
Next filing
25 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NA Common Stock Options Exercise +7.83K +66.72% 19.6K 15 Feb 2022 See footnote F1, F2
transaction NA Common Stock Tax liability -$115K -2.12K -10.82% $54.14* 17.4K 15 Feb 2022 See footnote 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 NA Restricted Stock Units Options Exercise $0 -7.83K -12.5% $0.00 54.8K 15 Feb 2022 Common Stock 7.83K Direct F1, F3
transaction NA Restricted Stock Units Options Exercise $0 +55.4K $0.00 55.4K 17 Feb 2022 Common Stock 55.4K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock of the VineBrook Homes Trust, Inc (the "Company").
F2 These shares are held by a trust for which Mr. McGraner serves as trustee. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3 On February 15, 2021, the reporting person was granted 62,609 restricted stock units. The restricted stock units vested one-eighth on February 15, 2022, and will vest one-eighth on February 15, 2023, one-eighth on February 15, 2024, one-eighth on February 15, 2025; the remaining half of the restricted stock units will vest upon the date of the successful completion of an initial public offering of the Company. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F4 On February 17, 2022, the reporting person was granted 55,412 restricted stock units. The restricted stock units will vest one-fifth on February 17, 2023, one-fifth on February 17, 2024, one-fifth on February 17, 2025, one-fifth on February 17, 2026 and one-fifth on February 17, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Executive Vice President, Chief Investment Officer and Secretary