SEC Form 4 · accession 0000899243-18-007774
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
Mar 14, 2018
Accepted (ET)
Mar 16, 2018 · 6:49 pm EDT
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 | Mar 14, 2018 | A | 14,285 | $0.00 | A | 40,799 | D | |
| Common Stock | Mar 15, 2018 | F | 5,285 | $10.50 | D | 35,514 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 14, 2018, Green Brick Partners, Inc. (the "Issuer") granted a stock bonus award of 14,285 shares of common stock to Richard Costello, the Issuer's Chief Financial Officer, pursuant to Mr. Costello's employment agreement. The shares of common stock granted were fully vested upon issuance and the Issuer withheld 5,285 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 $10.50 per share, the closing price per share of the Issuer's common stock on March 13, 2018.