SEC Form 4 · accession 0001576940-19-000021
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 10, 2019
Accepted (ET)
Feb 12, 2019 · 6:04 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 10, 2019 | M | 52,929 | — | A | 566,542 | D | |
| Common Stock | Feb 10, 2019 | F | 23,279 | $22.98 | D | 543,263 | 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 10, 2019 | M | 52,929 | D | — | — | Common Stock | 52,929 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On February 10, 2016 the reporting person was granted 158,786 restricted stock units, vesting in three nearly equal annual installments beginning on the first anniversary of the grant date. The reporting person must remain continuously employed by the Company through the applicable vesting date.