Matt McGraner - 15 Feb 2023 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 2023
Transactions value $
-$136,347
Form type
4
Filing time
17 Feb 2023, 17:52:47 UTC
Previous filing
10 Jan 2023
Next filing
22 Feb 2023
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 +30.02% 33.9K 15 Feb 2023 See Footnote F1, F2, F3
transaction NA Common Stock Tax liability -$136K -2.16K -6.38% $63.04* 31.7K 15 Feb 2023 See Footnote F3

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 -14.29% $0.00 47K 15 Feb 2023 Common Stock 7.83K 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 VineBrook Homes Trust, Inc.
F2 Immediately after issuance of the shares of common stock noted in this Form 4 to the reporting person, 311 shares of common stock were transferred from the reporting person pursuant to a transaction exempt from reporting.
F3 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.
F4 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 one-eighth on February 15, 2023, and will vest one-eighth on February 15, 2024 and 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.

Remarks:

Executive Vice President, Chief Investment Officer and Secretary