Brian Mitts - 15 Feb 2022 Form 4 Insider Report for VINEBROOK HOMES TRUST, INC.

Role
Interim President, Chief Financial Officer, Assistant Secretary and Treasurer, Director
Signature
/s/ Brian Mitts
Issuer symbol
N/A
Transactions as of
15 Feb 2022
Net transactions value
$0
Form type
4
Filing time
17 Feb 2022, 17:35:41 UTC
Previous filing
17 Dec 2021
Next filing
25 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 +2,393 +15% 18,078 15 Feb 2022 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
transaction Restricted Stock Units Options Exercise $0 -2,393 -12% $0.000000 16,754 15 Feb 2022 Common Stock 2,393 Direct F1, F2
transaction Restricted Stock Units Options Exercise $0 +25,120 $0.000000 25,120 17 Feb 2022 Common Stock 25,120 Direct F1, F3
* 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 the VineBrook Homes Trust, Inc (the "Company").
F2 On February 15, 2021, the reporting person was granted 19,147 restricted stock units. The restricted stock units vested one-eighth on February 15, 2022, and will vest one-eighth on February 15, 2023, one-eighth on February 15, 2024, one-eighth on February 15, 2025; the remaining half of the restricted stock units will vest upon the date of the successful completion of an initial public offering of the Company. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F3 On February 17, 2022, the reporting person was granted 25,120 restricted stock units. The restricted stock units will vest one-fifth on February 17, 2023, one-fifth on February 17, 2024, one-fifth on February 17, 2025, one-fifth on February 17, 2026 and one-fifth on February 17, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Interim President, Chief Financial Officer, Assistant Secretary and Treasurer