Michael P. Nieri - 22 Feb 2024 Form 4 Insider Report for United Homes Group, Inc. (UHG)

Signature
/s/ Michael P. Nieri, By Erin Reeves McGinnis through Power of Attorney
Issuer symbol
UHG
Transactions as of
22 Feb 2024
Net transactions value
$0
Form type
4
Filing time
26 Feb 2024, 17:09:10 UTC
Previous filing
21 Feb 2024
Next filing
11 Jun 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 -198,699 -1.1% $0.000000 18,321,933 22 Feb 2024 Class A Common Stock 198,699 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 22, 2024, the reporting person transferred 198,699 shares of Class B Common Stock of the Issuer to a family trust for no consideration. The trustee of the trust is a member of the reporting person's immediate family, and members of the reporting person's immediate family are the sole beneficiaries of the trust. The trust is irrevocable; however, the reporting person retains the power of substitution with respect to the trust's assets.
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.