Pennington W. Nieri - Sep 18, 2023 Form 4 Insider Report for United Homes Group, Inc. (UHG)

Signature
Pennington W. Nieri, By Erin Reeves McGinnis through Power of Attorney
Stock symbol
UHG
Transactions as of
Sep 18, 2023
Transactions value $
$0
Form type
4
Date filed
9/20/2023, 09:05 PM
Previous filing
May 30, 2023
Next filing
Feb 21, 2024

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 Class B Common Stock Gift $0 +527K $0.00 527K Sep 18, 2023 Class A Common Stock 527K $0.00 By family trust F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was appointed as the trustee of a family trust on September 12, 2023. On September 18, 2023, the shares of Class B Common Stock of the Issuer listed in Table II were donated to the trust by another family member. Members of the reporting person's immediate family are among the beneficiaries of the trust. The reporting person disclaims beneficial ownership of the shares of Class B Common Stock held by the trust except to the extent of his pecuniary interest therein.
F2 Each share of Class B Common Stock of the Issuer is convertible into one share of Class A Common Stock of the Issuer at any time, at the holder's election, and has no expiration date.