Michael Berchtold - May 18, 2021 Form 4 Insider Report for New Home Co Inc. (NWHM)

Role: Director
Signature: /s/ Miek Harbur, Attorney-in-Fact for Michael Berchtold
Stock symbol: NWHM
Transactions as of: May 18, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/20/2021, 04:45 PM
Next filing: Sep 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NWHM	Common Stock	Award	$0	+9.92K	+12.23%	$0.00	91K	May 18, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units which vest on the earlier of the (i) first anniversary of the grant date and (ii) the date of next annual meeting of the Company's stockholders, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date; provided that the shares subject to the restricted stock units will not be delivered until the 30th day following the date of the Reporting Person's "separation from service" from the Company within the meaning of Section 409(a)(2)(A)(i) of the Internal Revenue Code. The restricted stock units convert into common stock on a one-for-one basis.

Content

Represents restricted stock units which vest on the earlier of the (i) first anniversary of the grant date and (ii) the date of next annual meeting of the Company's stockholders, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date; provided that the shares subject to the restricted stock units will not be delivered until the 30th day following the date of the Reporting Person's "separation from service" from the Company within the meaning of Section 409(a)(2)(A)(i) of the Internal Revenue Code. The restricted stock units convert into common stock on a one-for-one basis.