Timothy Steffan - Jan 10, 2025 Form 4 Insider Report for Comstock Holding Companies, Inc. (CHCI)

Role
Chief Operating Officer
Signature
/s/ Timothy J. Steffan
Stock symbol
CHCI
Transactions as of
Jan 10, 2025
Transactions value $
-$80,546
Form type
4
Date filed
1/14/2025, 09:25 PM
Previous filing
Jul 11, 2024
Next filing
Jan 17, 2025

Transactions Table

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 CHCI Restricted Stock Units (RSUs) Options Exercise $0 -16.7K -50% $0.00 16.7K Jan 10, 2025 Class A Common Stock, $0.01 par value 16.7K Direct F1, F2
transaction CHCI Restricted Stock Units (RSUs) Options Exercise $0 -1.44K -100% $0.00 0 Jan 11, 2025 Class A Common Stock, $0.01 par value 1.44K Direct F1, F3
transaction CHCI Restricted Stock Units (RSUs) Options Exercise $0 -1.25K -50% $0.00 1.25K Jan 11, 2025 Class A Common Stock, $0.01 par value 1.25K Direct F1, F3
transaction CHCI Restricted Stock Units (RSUs) Options Exercise $0 -1.4K -33.35% $0.00 2.79K Jan 11, 2025 Class A Common Stock, $0.01 par value 1.4K Direct F1, F3
transaction CHCI Restricted Stock Units (RSUs) Options Exercise $0 -2.23K -25.01% $0.00 6.69K Jan 11, 2025 Class A Common Stock, $0.01 par value 2.23K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of CHCI Class A common stock
F2 Time-based restricted stock units vest and convert into common stock over a seven-year period according to the following schedule: 6.25% on January 10, 2021, 12.5% on January 10, 2022, 18.75% on January 10, 2023, 25% on January 10, 2024, 18.75% on January 10, 2025, 12.5% on January 10, 2026, and 6.25% on January 10, 2027
F3 Time-based restricted stock units that vest and convert into common stock evenly over a four-year period in annual installments that occur on each subsequent anniversary of the grant date