SEC Form 4 · accession 0001089212-16-000027
UCP, Inc. · UCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
BUCKINGHAM CAPITAL MANAGEMENT INC
10% Owner
Period of report
Apr 21, 2016
Accepted (ET)
Apr 25, 2016 · 5:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001572684
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| UCP, Inc.F1,F7,F5,F6 | Apr 21, 2016 | S | 4,322 | $7.8111 | D | 51,004 | I | See Footnote |
| UCP, Inc.F1,F2,F5,F6 | Apr 21, 2016 | S | 4,088 | $7.8072 | D | 46,916 | I | See Footnote |
| UCP, Inc.F1,F5,F6 | Apr 22, 2016 | S | 1,623 | $7.696 | D | 45,293 | I | See Footnote |
| UCP, Inc.F1,F3,F5,F6 | Apr 22, 2016 | S | 7,996 | $7.7704 | D | 37,297 | I | See Footnote |
| UCP, Inc.F1,F4,F5,F6 | Apr 25, 2016 | S | 13,550 | $7.4142 | D | 23,747 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Buckingham Capital Management, Inc. has agreed to disgorge to the issuer all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934 that resulted from the transactions reported herein.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.79 to $7.87, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares disposed of at each price within the range set forth herein.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.70 to $7.94, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares disposed of at each price within the range set forth herein.
- F4The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.25 to $7.73, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares disposed of at each price within the range set forth herein.
- F5This statement is being filed by Buckingham Capital Management, Inc. Buckingham Capital Management, Inc. is a registered investment adviser which acts as the general partner and investment manager for various private investment funds and which also manages other accounts on a discretionary basis that directly hold the securities reported herein.
- F6Buckingham Capital Management, Inc. disclaims beneficial ownership of the securities reported herein, except to the extent of such person's pecuniary interest therein, if any, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, states that the inclusion of the securities reported herein shall not be deemed an admission of beneficial ownership of the securities for purposes of Section 16 or for any other purpose.
- F7The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.80 to $7.815, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares disposed of at each price within the range set forth herein.