Lynda Meadows - Aug 24, 2021 Form 4 Insider Report for Harbor Custom Development, Inc. (HCDI)

Role
Former Chief Financial Officer
Signature
/s/ Lynda Meadows
Stock symbol
HCDI
Transactions as of
Aug 24, 2021
Transactions value $
$0
Form type
4
Date filed
8/26/2021, 06:11 PM

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 HCDI Stock Options Disposed to Issuer $0 -21.7K -54.17% $0.00 18.3K Aug 24, 2021 Common Stock, no par value 21.7K $5.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Lynda Meadows is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to Ms. Meadows' Stock Option Award, she was granted 40,000 stock options, 1/24 of which vested every month subject to Ms. Meadows continuing to be an employee of the Company. Ms. Meadows' 21,667 unvested stock options were returned to the Company upon her resignation on August 24, 2021. Ms. Meadows' remaining 18,333 vested options are exercisable through November 24, 2021.