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

Role
Chief Executive Officer, Director
Signature
/s/ Nicolai Ayrton Brune Attorney-in-Fact
Stock symbol
SGD
Transactions as of
Feb 22, 2024
Transactions value $
-$201,278
Form type
4
Date filed
2/26/2024, 06:03 PM
Previous filing
Sep 18, 2023
Next filing
Oct 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGD Common Stock Tax liability -$201K -219K -32.27% $0.92 459K Feb 22, 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.