Pennington W. Nieri - 16 Feb 2024 Form 4 Insider Report for United Homes Group, Inc. (UHG)

Role
Co-Exec. VP - Construction, 10%+ Owner
Signature
/s/ Pennington W. Nieri, By Erin Reeves McGinnis through Power of Attorney
Issuer symbol
UHG
Transactions as of
16 Feb 2024
Net transactions value
$0
Form type
4
Filing time
21 Feb 2024, 18:18:35 UTC
Previous filing
20 Sep 2023
Next filing
26 Feb 2024
SEC
View on sec.gov

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 +105,000 $0.000000 105,000 16 Feb 2024 Class A Common Stock 105,000 $6.96 Direct F1
transaction UHG Performance Stock Units Award $0 +35,000 $0.000000 35,000 16 Feb 2024 Class A Common Stock 35,000 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.