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

Role: Former Chief Financial Officer
Signature: /s/ Lynda Meadows
Issuer symbol: N/A
Transactions as of: 24 Aug 2021
Net transactions value: $0
Form type: 4
Filing time: 26 Aug 2021, 18:11:37 UTC
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	HCDI	Stock Options	Disposed to Issuer	$0	-21,667	-54%	$0.000000	18,333	24 Aug 2021	Common Stock, no par value	21,667	$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.