SEC Form 4 · accession 0001576940-16-000073
Century Communities, Inc. · CCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dale Francescon
Officer — See Remarks · Director · 10% Owner
Period of report
Aug 26, 2016
Accepted (ET)
Aug 30, 2016 · 6:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001576940
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 26, 2016 | S | 50,000 | $20.00 | D | 2,253,750 | I | By DF Century LLC |
| Common Stock | Aug 29, 2016 | S | 1,500 | $20.01 | D | 2,252,250 | I | By DF Century LLC |
| Common Stock | Aug 30, 2016 | S | 10,000 | $20.00 | D | 2,242,250 | I | By DF Century LLC |
| Common Stock | holding | — | — | — | 435,504 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | holding | — | — | — | — | — | Common Stock | 158,786 | 158,786 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2The restricted stock units vest in equal installments annually over three years beginning on February 10, 2017, provided the reporting person remains continuously employed by the Company through the applicable vesting date.
Remarks
Chairman of the Board and Co-Chief Executive Officer