Bobby L. Samuel III - 06 Mar 2025 Form 4 Insider Report for Green Brick Partners, Inc. (GRBK)

Signature
/s/ Bobby Samuel
Issuer symbol
GRBK
Transactions as of
06 Mar 2025
Net transactions value
-$60,510
Form type
4
Filing time
06 Mar 2025, 16:46:43 UTC
Previous filing
05 Mar 2025
Next filing
05 Mar 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRBK Common Stock Tax liability $60,510 -1,000 -17% $60.51 4,943 06 Mar 2025 Direct 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 GRBK Restricted Stock Units 4,524 06 Mar 2025 Common Stock 4,524 Direct F2
holding GRBK Restricted Stock Units 4,378 06 Mar 2025 Common Stock 4,378 Direct F2
holding GRBK Restricted Stock Units 2,142 06 Mar 2025 Common Stock 2,142 Direct F2
holding GRBK Restricted Stock Units 7,714 06 Mar 2025 Common Stock 7,714 Direct F2
holding GRBK Restricted Stock Units 2,790 06 Mar 2025 Common Stock 2,790 Direct F2, F3
holding GRBK Performance Based Restricted Stock Units 2,790 06 Mar 2025 Common Stock 2,790 Direct F4, F5
holding GRBK Performance Based Restricted Stock Units 2,790 06 Mar 2025 Common Stock 2,790 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares withheld for taxes payable upon the vesting of the restricted stock award previously awarded on March 6, 2023 in a transaction exempt pursuant to Rule 16b-3.
F2 The Restricted Stock Units convert into shares of Common Stock on a one-for-one basis upon vesting.
F3 These RSUs were granted pursuant to the Company's Long-Term Incentive Program (the "LTIP") under its 2024 Omnibus Incentive Plan (the "2024 Plan") and vest equally on the first, second and third anniversary of the Grant Date.
F4 These Performance-Based Restricted Stock Units (PSUs) convert into shares of Common Stock on a one-for-one basis upon vesting.
F5 These PSUs were granted pursuant to the Company's LTIP and are earned in four segments, (1) 16.66% are earned based on performance during 2025, (2) 16.67% are earned based on performance during each of 2026 and 2027 and (3) 50% are earned based on the Company's three-year performance. The PSUs in each segment can be earned between 50% and 200% based on the Company's performance, provided that the Company's performance exceeds the threshold performance level. Once earned, the PSUs vest on the third anniversary of the Grant Date.
F6 These PSUs were granted pursuant to the Company's LTIP and are earned between 50% and 200% based on the Company's performance during the 2025-2027 Performance Period, provided that the Company's performance exceeds the threshold performance level. Once earned, the PSUs vest on the third anniversary of the Grant Date.