Christopher Clemente - Jan 10, 2025 Form 4 Insider Report for Comstock Holding Companies, Inc. (CHCI)

Role
Chairman & CEO, Director, 10%+ Owner
Signature
/s/ Christopher Clemente
Stock symbol
CHCI
Transactions as of
Jan 10, 2025
Transactions value $
$30,236
Form type
4
Date filed
1/14/2025, 09:25 PM
Previous filing
Jan 3, 2025
Next filing
Jan 17, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHCI Class A Common Stock, $0.01 par value Options Exercise $25.7K +12K +20.39% $2.14 70.8K Jan 10, 2025 See footnote F1
transaction CHCI Class A Common Stock, $0.01 par value Exercise of in-the-money or at-the-money derivative security $40.9K +5K +7.06% $8.18 75.8K Jan 10, 2025 See footnote F1, F2
transaction CHCI Class A Common Stock, $0.01 par value Sale -$36.3K -4.44K -5.86% $8.18 71.4K Jan 10, 2025 See footnote F1, F2
transaction CHCI Class A Common Stock, $0.01 par value Options Exercise $0 +1.98K +2.77% $0.00 73.4K Jan 11, 2025 See footnote F1
transaction CHCI Class A Common Stock, $0.01 par value Options Exercise $0 +2.5K +3.41% $0.00 75.9K Jan 11, 2025 See footnote F1
transaction CHCI Class A Common Stock, $0.01 par value Options Exercise $0 +2.73K +3.6% $0.00 78.6K Jan 11, 2025 See footnote F1
transaction CHCI Class A Common Stock, $0.01 par value Options Exercise $0 +2.72K +3.47% $0.00 81.3K Jan 11, 2025 See footnote F1
holding CHCI Class A Common Stock, $0.01 par value 175K Jan 10, 2025 Direct
holding CHCI Class A Common Stock, $0.01 par value 685K Jan 10, 2025 See footnote F3
holding CHCI Class A Common Stock, $0.01 par value 773K Jan 10, 2025 See footnote F4
holding CHCI Class A Common Stock, $0.01 par value 924K Jan 10, 2025 See footnote F5
holding CHCI Class A Common Stock, $0.01 par value 124K Jan 10, 2025 See footnote F6
holding CHCI Class A Common Stock, $0.01 par value 64.7K Jan 10, 2025 See footnote F7
holding CHCI Class B Common Stock, $0.01 par value 220K Jan 10, 2025 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 CHCI Stock Options (Right to Buy) Options Exercise $0 -12K -100% $0.00 0 Jan 10, 2025 Class A Common Stock, $0.01 par value 12K $2.14 See footnote F1
transaction CHCI Warrants (Right to Buy) Exercise of in-the-money or at-the-money derivative security $0 -5K -100% $0.00 0 Jan 10, 2025 Class A Common Stock, $0.01 par value 5K $7.27 See footnote F1, F2
transaction CHCI Restricted Stock Units (RSUs) Options Exercise $0 -1.98K -100% $0.00 0 Jan 11, 2025 Class A Common Stock, $0.01 par value 1.98K See footnote F1, F8, F9
transaction CHCI Restricted Stock Units (RSUs) Options Exercise $0 -2.5K -50% $0.00 2.5K Jan 11, 2025 Class A Common Stock, $0.01 par value 2.5K See footnote F1, F8, F9
transaction CHCI Restricted Stock Units (RSUs) Options Exercise $0 -2.73K -33.34% $0.00 5.46K Jan 11, 2025 Class A Common Stock, $0.01 par value 2.73K See footnote F1, F8, F9
transaction CHCI Restricted Stock Units (RSUs) Options Exercise $0 -2.72K -25% $0.00 8.17K Jan 11, 2025 Class A Common Stock, $0.01 par value 2.72K See footnote F1, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 By the reporting person's spouse
F2 The reporting person's spouse paid the exercise price on a cashless basis. The warrant strike price was $7.27, however the cashless exercise price per the terms of the warrant agreement was calculated to be $8.18, which is the average close price of CHCI common stock for the 20 days preceding the transaction date.
F3 By FR 54, LLC, an entity controlled by the reporting person
F4 By CP Real Estate Services, LC, an entity wholly owned by the reporting person
F5 By Clemente Investment Management, LC, an entity controlled by the reporting person
F6 By Stonehenge Funding, LC, an entity controlled by the reporting person
F7 By various trusts for the benefit of the reporting person's children, of which the reporting person is currently the custodian
F8 Each restricted stock unit represents a contingent right to receive one share of CHCI Class A common stock
F9 Time-based restricted stock units that vest and convert into common stock evenly over a four-year period in annual installments that occur on each subsequent anniversary of the grant date