Erin Reeves McGinnis - 10 Jul 2023 Form 4/A Insider Report for United Homes Group, Inc. (UHG)

Signature
/s/ Erin Reeves McGinnis, By Kathryn Johnson through Power of Attorney
Issuer symbol
UHG
Transactions as of
10 Jul 2023
Net transactions value
$0
Form type
4/A
Filing time
29 Dec 2023, 08:58:01 UTC
Date Of Original Report
12 Jul 2023
Previous filing
12 Jul 2023
Next filing
21 Feb 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 Employee stock options (right to buy) Award $0 +130,841 $0.000000 130,841 10 Jul 2023 Class A Common Stock 130,841 $10.55 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 12, 2023, the reporting person filed a Form 4 which incorrectly reported the exercise price of the employee stock options due to an error in determining the closing price of the Class A Common Stock on the date of the grant. In fact, as reported in this amendment, the exercise price of the employee stock options is $10.55 per share rather than $10.54 per share as reported in the original Form 4. This amendment also updates the address of the reporting person.
F2 The option will become exercisable in four equal annual installments beginning on 07/10/2024.
F3 Reflects the number of employee stock options beneficially held by the reporting person as of the filing date of the original Form 4.