SEC Form 4 · accession 0000899243-17-000122
Green Brick Partners, Inc. · GRBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Arthur Costello
Officer — Chief Financial Officer
Period of report
Jan 2, 2017
Accepted (ET)
Jan 3, 2017 · 7:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001373670
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 2, 2017 | A | 8,556 | $0.00 | A | 18,437 | D | |
| Common Stock | Jan 2, 2017 | F | 2,139 | $9.35 | D | 16,298 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 2, 2017, Green Brick Partners, Inc. (the "Issuer") granted a discretionary stock bonus award under the Issuer's 2014 Omnibus Equity Incentive Plan to Richard Costello, the Issuer's Chief Financial Officer, pursuant to which the Issuer granted 8,556 shares of the Issuer's common stock to Mr. Costello. The shares of common stock granted were fully vested upon issuance and the Issuer withheld 2,139 of the shares of common stock granted to satisfy required tax withholding in respect of the stock bonus award as was approved by the Compensation Committee of the Issuer's Board of Directors. The shares of common stock granted to Mr. Costello were valued at $9.35 per share, the closing price per share of the Issuer's common stock on December 5, 2016.