Paul M. Galvin - Jul 9, 2024 Form 4 Insider Report for SAFE & GREEN HOLDINGS CORP. (SGBX)

Signature
/s/ Paul M. Galvin
Stock symbol
SGBX
Transactions as of
Jul 9, 2024
Transactions value $
$0
Form type
4
Date filed
7/12/2024, 11:46 AM
Previous filing
May 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGBX Common Stock Award $0 +195K +455.89% $0.00 238K Jul 9, 2024 Direct F1, F2
holding SGBX Common Stock 25 Jul 9, 2024 TAG Partners, LLC F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (i) 69,960 shares of common stock of the Issuer issued to the reporting person as partial payment for his 2023 annual performance bonus, and (ii) a grant of 125,261 restricted stock units ("RSUs") under the SG Blocks, Inc. Stock Incentive Plan. Each RSU represents the right to receive, upon vesting, one share of the Issuer's common stock. The RSUs vest in full on July 10, 2024.
F2 Reflects the 1-for-20 reverse stock split effected by the Issuer on May 2, 2024.
F3 Held by TAG Partners, LLC. Due to his position with TAG Partners, LLC, the reporting person may be deemed to be a beneficial owner of common stock held by TAG Partners, LLC. The reporting person disclaims any beneficial ownership of the shares referenced to herein except to the extent of his pecuniary interest therein.