David Roberto Villarreal - 22 Feb 2024 Form 4 Insider Report for Safe & Green Development Corp (SGD)

Signature
/s/ Nicolai Ayrton Brune Attorney-in-Fact
Issuer symbol
SGD
Transactions as of
22 Feb 2024
Net transactions value
-$201,278
Form type
4
Filing time
26 Feb 2024, 18:03:01 UTC
Previous filing
18 Sep 2023
Next filing
07 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGD Common Stock Tax liability $201,278 -218,780 -32% $0.9200 459,146 22 Feb 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations. Such withholding is treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934, as amended.
F2 Includes 27,926 shares which the reporting person received in connection with the distribution (the "Distribution") by Safe & Green Holdings Corp. ("SG Holdings") of approximately 30% of the outstanding shares of common stock of Safe and Green Development Corporation to SG Holdings' stockholders on a pro rata basis which transaction was exempt from reporting.