Stephen C. Lenker - Mar 30, 2023 Form 4 Insider Report for United Homes Group, Inc. (UHG)

Signature
/s/ Stephen C. Lenker, By Erin Reeves McGinnis through Power of Attorney
Stock symbol
UHG
Transactions as of
Mar 30, 2023
Transactions value $
$0
Form type
4
Date filed
4/3/2023, 07:36 PM

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 UHG Employee stock options (right to buy) Award $0 +5.98K $0.00 5.98K Mar 30, 2023 Class A Common Stock 5.98K $2.81 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the merger of Great Southern Homes, Inc. ("GSH"), a private company, into a wholly owned subsidiary of the Issuer, the Reporting Person received these options to purchase shares of Class A Common Stock in exchange for previously outstanding options to purchase shares of GSH. The options were granted on the effective date of the Merger; 1/4 of the options are currently vested; and the remaining 3/4 of the options will vest in three equal annual installments beginning on 01/19/2024.