Michael L. Kaplan - Oct 10, 2023 Form 4 Insider Report for M.D.C. HOLDINGS, INC. (MDC)

Signature
Michael L. Kaplan
Stock symbol
MDC
Transactions as of
Oct 10, 2023
Transactions value $
-$39,926
Form type
4
Date filed
10/11/2023, 03:41 PM
Previous filing
Feb 6, 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 Tax liability -$39.9K -989 -7.73% $40.37 11.8K Oct 10, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Restricted stock vesting -- share withholding pursuant to irrevocable election made outside of blackout periods (November 2022).