SEC Form 4 · accession 0001576940-19-000010
Century Communities, Inc. · CCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dale Francescon
Officer — Chairman and Co-CEO · Director
Period of report
Feb 6, 2019
Accepted (ET)
Feb 8, 2019 · 6:28 pm EST
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 StockF1 | Feb 7, 2019 | M | 65,574 | — | A | 536,266 | D | |
| Common Stock | Feb 7, 2019 | F | 22,653 | $23.90 | D | 513,613 | D | |
| Common Stock | holding | — | — | — | 1,579,762 | I | By DF Century LLC |
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 | — | Feb 6, 2019 | A | 126,636 | A | — | — | Common Stock | 126,636 | 126,636 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 7, 2019 | M | 65,574 | D | — | — | Common Stock | 65,574 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On February 6, 2019, the reporting person was granted 126,636 restricted stock units, vesting on February 6, 2020. The reporting person must remain continuously employed by the Company through the applicable vesting date.
- F3On February 7, 2018, the reporting person was granted 65,574 restricted stock units, vesting on February 7, 2019. The reporting person must remain continuously employed by the Company through the applicable vesting date.