Ryan McGarry - 18 Aug 2023 Form 4 Insider Report for VINEBROOK HOMES TRUST, INC.

Role
Senior Vice President of Asset Management
Signature
/s/ Matthew McGraner, as attorney-in-fact for Ryan McGarry
Issuer symbol
N/A
Transactions as of
18 Aug 2023
Net transactions value
+$409,078
Form type
4
Filing time
24 Feb 2025, 20:33:59 UTC
Previous filing
09 Aug 2023
Next filing
28 Feb 2024
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 $0 +2,974 $0.000000 2,974 01 Jan 2025 Direct
transaction Common Stock Tax liability $77,863 -1,404 -47% $55.45 1,570 01 Jan 2025 Direct

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 Performance Shares Options Exercise $0 -2,974 -25% $0.000000 8,923 01 Jan 2025 Common Stock 2,974 Direct F1, F2
transaction Class C OP Units Purchase $486,941 +7,941 $61.32* 7,941 18 Aug 2023 Common Stock 7,941 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share represents a contingent right to receive one share of common stock of VineBrook Homes Trust, Inc. (the "Issuer").
F2 Represents performance shares previously granted pursuant to the VineBrook Homes Trust, Inc. 2023 Long Term Incentive Plan for the performance period commencing on January 1, 2023 and ending on December 21, 2023. Such performance shares were earned based on the determination of the Compensation Committee as to the satisfaction of the applicable performance metrics. The performance share awards vested one-fourth on January 1, 2025 and will vest one-fourth on January 1, 2026, one-fourth on January 1, 2027 and one-fourth on January 1, 2028. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F3 Represents Class C common units of limited partnership interest ("OP Units") in VineBrook Homes Operating Partnership, L.P., the operating partnership of the Issuer.
F4 The OP Units are redeemable, beginning one year from issuance, for cash or, at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance. The OP Units have no expiration date.

Remarks:

Senior Vice President of Asset Management