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

Role
Interim President, Chief Financial Officer, Assistant Secretary and Treasurer, Director
Signature
/s/ Brian Mitts
Stock symbol
NA
Transactions as of
Feb 15, 2022
Transactions value $
$0
Form type
4
Date filed
2/17/2022, 05:35 PM
Previous filing
Dec 17, 2021
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NA Common Stock Options Exercise +2.39K +15.26% 18.1K Feb 15, 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 NA Restricted Stock Units Options Exercise $0 -2.39K -12.5% $0.00 16.8K Feb 15, 2022 Common Stock 2.39K Direct F1, F2
transaction NA Restricted Stock Units Options Exercise $0 +25.1K $0.00 25.1K Feb 17, 2022 Common Stock 25.1K 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