SEC Form 4 · accession 0001009874-19-000004

MDC HOLDINGS INC · MDC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President, COO and Director · Director

Period of report

Feb 25, 2019

Accepted (ET)

Feb 26, 2019 · 11:59 am EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000773141

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock $.01 Par Value^F1	Feb 25, 2019	M	55,000	$27.81	A	3,911,357	D
Common Stock $.01 Par Value^F2,F1	Feb 25, 2019	S	55,000	$29.65	D	3,856,357	D
Common Stock $.01 Par Value^F1,F3	holding	—	—		—	5,326	I	By 401(k)

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Statutory Stock option (right to buy)^F4	$27.81	Feb 25, 2019	M	55,000	D	Dec 31, 2012	Dec 31, 2019	Common Stock $.01 Par Value	110,224	55,224	D

F1All share amounts and exercise prices have been adjusted to reflect the distribution of an eight percent (8%) stock dividend in February 2019.
F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $29.47 to $29.91, inclusive. The reporting person undertakes to provide M.D.C. Holdings, Inc., any security holder of M.D.C. Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3Unitized shares held in a stock fund in the Reporting Person's 401(k) Savings Plan which changes on a daily basis.
F4Represents a stock option under the Company's 2001 Employee Plan, which meets all of the requirements under Rule 16b-3.