Robert J. Francescon - 02 Jun 2023 Form 4 Insider Report for Century Communities, Inc. (CCS)

Role
Co-CEO, President, Director
Signature
/s/ Robert J. Francescon
Issuer symbol
CCS
Transactions as of
02 Jun 2023
Transactions value $
-$295,156
Form type
4
Filing time
05 Jun 2023, 17:35:30 UTC
Previous filing
17 Mar 2023
Next filing
16 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCS Common Stock Options Exercise +9.59K +2.01% 488K 02 Jun 2023 Direct F1
transaction CCS Common Stock Options Exercise +257 +0.05% 488K 02 Jun 2023 Direct F2
transaction CCS Common Stock Tax liability -$295K -4.32K -0.89% $68.26 484K 02 Jun 2023 Direct
holding CCS Common Stock 888K 02 Jun 2023 By RJF Century LLC

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 CCS Restricted Stock Units Options Exercise $0 -9.59K -100% $0.00* 0 02 Jun 2023 Common Stock 9.59K Direct F1, F3
transaction CCS Dividend Equivalent Units Options Exercise -257 -60.9% 165 02 Jun 2023 Common Stock 257 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units (RSUs) convert into the Issuer's common stock on a one-for-one basis.
F2 Represents dividend equivalent rights that accrued on RSUs held by the reporting person in conjunction with the payment of a cash dividend on the Issuer's common stock, which dividend equivalent rights will vest and be settled proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
F3 On June 2, 2020, the reporting person was granted 28,777 RSUs, vesting in three nearly equal installments beginning on the first anniversary of the grant date.