Robert Earl Penny Jr. - Feb 16, 2024 Form 4 Insider Report for United Homes Group, Inc. (UHG)

Role
Executive VP - Sales
Signature
/s/ Robert Earl Penny, Jr., By Erin Reeves McGinnis through Power of Attorney
Stock symbol
UHG
Transactions as of
Feb 16, 2024
Transactions value $
$0
Form type
4
Date filed
2/21/2024, 06:12 PM
Previous filing
Nov 28, 2023
Next filing
Dec 12, 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 option (right to buy) Award $0 +52.5K $0.00 52.5K Feb 16, 2024 Class A Common Stock 52.5K $6.96 Direct F1
transaction UHG Performance Stock Units Award $0 +17.5K $0.00 17.5K Feb 16, 2024 Class A Common Stock 17.5K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option will become exercisable in four equal annual installments beginning on 02/16/2025.
F2 Each performance stock unit represents a contingent right to receive one share of Class A Common Stock. The performance stock units vest in full upon the event that the daily volume weighted average price of the Issuer's Class A Common Stock over over any 20 trading days within the preceding 30 consecutive trading day period is greater than or equal to $18.00.