Matt McGraner - Feb 15, 2023 Form 4 Insider Report for VINEBROOK HOMES TRUST, INC. (NA)

Signature
/s/ Brian Mitts, as attorney-in-fact for Matthew R. McGraner
Stock symbol
NA
Transactions as of
Feb 15, 2023
Transactions value $
-$136,347
Form type
4
Date filed
2/17/2023, 05:52 PM
Previous filing
Jan 10, 2023
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NA Common Stock Options Exercise +7.83K +30.02% 33.9K Feb 15, 2023 See Footnote F1, F2, F3
transaction NA Common Stock Tax liability -$136K -2.16K -6.38% $63.04* 31.7K Feb 15, 2023 See Footnote F3

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 -7.83K -14.29% $0.00 47K Feb 15, 2023 Common Stock 7.83K 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 Immediately after issuance of the shares of common stock noted in this Form 4 to the reporting person, 311 shares of common stock were transferred from the reporting person pursuant to a transaction exempt from reporting.
F3 These shares are held by a trust for which Mr. McGraner serves as trustee. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4 On February 15, 2021, the reporting person was granted 62,609 restricted stock units. The restricted stock units vested one-eighth on February 15, 2022 and one-eighth on February 15, 2023, and will vest one-eighth on February 15, 2024 and 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.

Remarks:

Executive Vice President, Chief Investment Officer and Secretary