| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MDC | Common Stock $.01 Par Value | Award | $0 | +400K | +345.69% | $0.00 | 516K | Feb 2, 2024 | Direct | F3 |
| transaction | MDC | Common Stock $.01 Par Value | Tax liability | -$11M | -175K | -33.93% | $62.74 | 341K | Feb 2, 2024 | Direct | F2, F4 |
| transaction | MDC | Common Stock $.01 Par Value | Tax liability | -$392K | -6.25K | -1.83% | $62.74 | 334K | Feb 3, 2024 | Direct | F1, F2 |
| transaction | MDC | Common Stock $.01 Par Value | Tax liability | -$681K | -10.8K | -3.24% | $62.74 | 324K | Feb 3, 2024 | Direct | F1, F2 |
| transaction | MDC | Common Stock $.01 Par Value | Tax liability | -$351K | -5.59K | -1.73% | $62.74 | 318K | Feb 4, 2024 | Direct | F1, F2 |
| holding | MDC | Common Stock $.01 Par Value | 324 | Feb 2, 2024 | By M&G Growth, LLC | F5 | |||||
| holding | MDC | Common Stock $.01Par Value | 324K | Feb 2, 2024 | By Trusts | F6 | |||||
| holding | MDC | Common Stock $.01Par Value | 3.26M | Feb 2, 2024 | By Ari Capital Partners, LLLP | F7 | |||||
| holding | MDC | Common Stock $.01 Par Value | 843K | Feb 2, 2024 | By Boca Sawyer 22 LLC | F8 | |||||
| holding | MDC | Common Stock $.01 Par Value | 26.5K | Feb 2, 2024 | By Cascia Holdings, LLC | F9 | |||||
| holding | MDC | Common Stock $.01Par Value | 1.31M | Feb 2, 2024 | By Cheston Enterprises Trust | F10 | |||||
| holding | MDC | Common Stock $.01Par Value | 1.31M | Feb 2, 2024 | By Courtney Enterprises Trust | F10 | |||||
| holding | MDC | Common Stock $.01Par Value | 1.8M | Feb 2, 2024 | By CGM Capital, LLLP | F11 |
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).
| Id | Content |
|---|---|
| F1 | Restricted stock vesting -- share withholding pursuant to irrevocable election made outside of blackout periods (May 4,2023). |
| F2 | Closing price on February 2, 2024. |
| F3 | Vesting of Performance Share Unit (PSU) award originally granted on July 14, 2021. |
| F4 | PSU vesting - share withholding pursuant to irrevocable election made outside blackout periods (May 4, 2023). |
| F5 | Reporting Person may be deemed to have beneficial ownership of the shares held by M&G Growth, LLC ("M&G"). M&G is owned 0.1% by Reporting Person's spouse and 99.9% by trusts. Reporting Person's spouse is the manager of M&G. |
| F6 | These trusts hold a 99.9% ownership interest in M&G. Reporting Person may be deemed to have beneficial ownership of the shares held by these trusts, of which Reporting Person is the grantor, Reporting Person's spouse is the trustee and Reporting Person's grandchildren are beneficiaries. |
| F7 | Reporting Person may be deemed to have beneficial ownership of the shares held by Ari Capital Partners, LLLP ("Ari Capital"). The sole general partner of Ari Capital is CVentures, Inc. ("CVentures"), a corporation, which has approximately a 1% partnership interest in Ari Capital. Reporting Person's family members are the beneficiaries of various trusts which own approximately 50.7% of the stock of CVentures. Also, Reporting Person is a director and chairman of the board of CVentures and may be deemed to control the other approximately 49.3% of the common stock of CVentures. A trust, of which Reporting Person is the sole beneficiary, is the sole limited partner of Ari Capital, and has approximately a 99% partnership interest in Ari Capital. Reporting Person and Reporting Person's spouse are trustees of the trust. |
| F8 | Reporting Person may be deemed to have beneficial ownership of the shares held by Boca Sawyer 22 LLC ("Boca"). Boca is owned 0.1% by Reporting Person's spouse and 99.9% by Reporting Person. Reporting Person's spouse is the manager of Boca. |
| F9 | Reporting Person may be deemed to have beneficial ownership of the shares held by Cascia Holdings LLC ("Cascia"). Cascia holds 2,645,395 shares. Reporting Person's spouse, who is the sole manager of Cascia, holds all of the voting LLC units in Cascia, which constitutes 1% of the total outstanding LLC units in Cascia and represents a pecuniary interest in 26,453 shares. Two separate trusts (Cheston Enterprises Trust and Courtney Enterprises Trust) hold all of Cascia's nonvoting LLC units, which constitute 99% of the total outstanding LLC units in Cascia. Reporting Person's spouse is one of the trustees of each of the two trusts and Reporting Person's family members are the beneficiaries of these trusts. |
| F10 | Reporting Person may be deemed to have beneficial ownership of these shares which are beneficially owned by this trust. Reporting Person's spouse is a trustee of this trust and a family member of Reporting Person is the beneficiary of this trust. |
| F11 | Reporting Person may be deemed to have beneficial ownership of the shares held by CGM Capital LLLP ("CGM Capital"). The general partner of CGM Capital is CVentures, Inc. ("CVentures"), which has a 1% partnership interest in CGM Capital. A trust, of which Reporting Person's spouse is the sole beneficiary, is the sole limited partner of CGM Capital, and has a 99% partnership interest in CGM Capital. Reporting Person and Reporting Person's spouse are trustees of this trust. |