SEC Form 4 · accession 0001576940-17-000065
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
May 9, 2017
Accepted (ET)
May 11, 2017 · 6:47 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 | May 9, 2017 | D | 45,910 | $27.0823 | D | 2,033,852 | I | By DF Century LLC |
| Common Stock | May 10, 2017 | D | 70,463 | $26.0081 | D | 1,963,389 | I | By DF Century LLC |
| Common Stock | May 11, 2017 | D | 83,627 | $25.6218 | D | 1,879,762 | I | By DF Century LLC |
| Common Stock | holding | — | — | — | 432,405 | 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 | 156,660 | 156,660 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock.
- F215,089 restricted stock units vest in equal installments annually over three years beginning March 17, 2018. 105,857 restricted stock units vest in equal installments annually over the next two years beginning on February 10, 2018. 35,714 restricted stock units vest on February 8, 2018. The reporting person must remain continuously employed by the Company through the applicable vesting date.
Remarks
Chairman of the Board and Co-Chief Executive Officer