IHP Capital Partners VI, LLC - Sep 8, 2021 Form 4 Insider Report for New Home Co Inc. (NWHM)

Role
10%+ Owner
Signature
/s/ IHP Capital Partners VI, LLC, By: /s/ Douglas C. Neff
Stock symbol
NWHM
Transactions as of
Sep 8, 2021
Transactions value $
$0
Form type
4
Date filed
9/10/2021, 06:05 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWHM Common Stock Disposition pursuant to a tender of shares in a change of control transaction -2.46M -100% 0 Sep 8, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

IHP Capital Partners VI, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Reflects disposition of Issuer common stock in connection with the consummation of the transactions contemplated by that certain Agreement and Plan of Merger, dated as of July 23, 2021 (the "Merger Agreement"), by and among Newport Holdings, LLC, Newport Merger Sub, Inc. ("Merger Sub") and the Issuer, including the completion of a tender offer to purchase (the "Offer") all of the outstanding shares of Issuer common stock at a price of $9.00 per share in cash, without interest and subject to applicable withholding (the "Offer Price"), and the consummation of the merger (the "Merger") between the Issuer and Merger Sub on September 8, 2021. Each share of Issuer common stock tendered in the Offer was acquired by Merger Sub in exchange for the Offer Price. As of the effective time of the Merger (the "Effective Time"), each outstanding share of Issuer common stock was cancelled in exchange for the Offer Price.