John C. Loeffler II - 25 Sep 2023 Form 4 Insider Report for CaliberCos Inc. (CWD)

Role
CEO, Director, 10%+ Owner
Signature
/s/ John C. Loeffler II
Issuer symbol
CWD
Transactions as of
25 Sep 2023
Net transactions value
$0
Form type
4
Filing time
28 Sep 2023, 19:41:06 UTC
Previous filing
06 Sep 2023
Next filing
14 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWD Common Stock Award $0 +301,131 +3011% $0.000000 311,131 25 Sep 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") granted pursuant to Issuer's Amended and Restated 2017 Stock Incentive Plan, as amended. The RSUs are common stock equivalents and represent a contingent right to receive Class A common stock of Issuer upon vesting.
F2 RSUs will vest 25% on January 1, 2024, and 1/36th each month thereafter for the following 36 months.
F3 Reporting Person also owns (i) an aggregate of 1,927,732 shares of Class B Common Stock ("Class B Stock") held directly, and (ii) an aggregate of 1,778,989 shares of Class B Stock held by the C LO 2021 Irrevocable Trust of which Reporting Person is the sole trustee.