Gregory S. Bennett - 11 Jan 2024 Form 3 Insider Report for Smith Douglas Homes Corp. (SDHC)

Signature
/s/ Brett A. Steele, Attorney-in-Fact for Gregory S. Bennett
Issuer symbol
SDHC
Transactions as of
11 Jan 2024
Net transactions value
$0
Form type
3
Filing time
11 Jan 2024, 17:56:33 UTC
Previous filing
18 Jan 2024
Next filing
24 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SDHC Class B Common Stock 4,487,179 11 Jan 2024 By GSB Holdings LLC F1

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
holding SDHC LLC Interests 11 Jan 2024 Class A Common Stock 4,487,179 By GSB Holdings LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Bennett is the sole member and manager of GSB Holdings LLC ("GSB Holdings"), and as a result, may be deemed to share beneficial ownership of the securities held of record by GSB Holdings.
F2 The membership units of Smith Douglas Holdings LLC (the "LLC Interests") may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class B Common Stock will be forefeited in connection with the redemption. The LLC Interests have no expiration date.

Remarks:

President, Chief Executive Officer & Vice Chairman Exhibit 24.1 - Power of Attorney (Gregory S. Bennett). Exhibit 24.2 - Power of Attorney (GSB Holdings LLC).