Scott F. Kavanaugh - 15 Feb 2022 Form 4 Insider Report for VINEBROOK HOMES TRUST, INC.

Role: Director
Signature: /s/ Brian Mitts, as attorney-in-fact for Scott Kavanaugh
Issuer symbol: N/A
Transactions as of: 15 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Feb 2022, 17:32:22 UTC
Previous filing: 12 Oct 2021
Next filing: 22 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction		Common Stock	Options Exercise		+2,442	+80%		5,500	15 Feb 2022	Direct	F1
holding		Common Stock						20,725	15 Feb 2022	By Benefit Plan	F2

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
transaction		Restricted Stock Units	Options Exercise	$0	-2,442	-100%	$0.000000^*	0	15 Feb 2022	Common Stock	2,442		Direct	F1, F3
transaction		Restricted Stock Units	Options Exercise	$0	+2,078		$0.000000	2,078	17 Feb 2022	Common Stock	2,078		Direct	F1, F4

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of common stock of VineBrook Homes Trust, Inc.
F2	These shares are held in a defined benefit plan for the benefit of the reporting person.
F3	On February 15, 2021, the reporting person was granted 2,442 restricted stock units which vested on February 15, 2022. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F4	On February 17, 2022, the reporting person was granted 2,078 restricted stock units which will vest on February 17, 2023. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.