Robert Nathaniel Martin - Jul 28, 2023 Form 4 Insider Report for M.D.C. HOLDINGS, INC. (MDC)

Role
SVP and CFO
Signature
Robert N. Martin
Stock symbol
MDC
Transactions as of
Jul 28, 2023
Transactions value $
-$566,205
Form type
4
Date filed
7/28/2023, 03:09 PM
Previous filing
May 9, 2023
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDC Common Stock $.01 Par Value Options Exercise $425K +19.8K +6.61% $21.40 320K Jul 28, 2023 Direct
transaction MDC Common Stock $.01 Par Value Sale -$991K -19.8K -6.2% $49.94 300K Jul 28, 2023 Direct F1
holding MDC Common Stock $.01 Par Value 523 Jul 28, 2023 By 401(k) F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MDC Non-Statutory Stock Option (right to buy) Options Exercise $0 -19.8K -100% $0.00* 0 Jul 28, 2023 Common Stock $0.01 Par Value 19.8K $21.40 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $49.61 to $50.36 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
F2 Unitized shares held in a stock fund in the Reporting Person's 401(k) Savings Plan which changes on a daily basis.
F3 The option became exercisable in four equal annual installments beginning on May 23, 2016, which was the first anniversary of the grant date.