David L. Messenger - 16 Mar 2022 Form 4 Insider Report for Century Communities, Inc. (CCS)

Role
CFO and Secretary
Signature
/s/ David L. Messenger
Issuer symbol
CCS
Transactions as of
16 Mar 2022
Net transactions value
-$77,366
Form type
4
Filing time
18 Mar 2022, 16:31:34 UTC
Previous filing
15 Mar 2022
Next filing
03 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCS Common Stock Options Exercise +2,773 +1.5% 183,359 17 Mar 2022 Direct F1
transaction CCS Common Stock Options Exercise +25 +0.01% 183,384 17 Mar 2022 Direct F2
transaction CCS Common Stock Tax liability $77,366 -1,229 -0.67% $62.95 182,155 17 Mar 2022 Direct

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 CCS Dividend Equivalent Units Award $0 +47 +37% $0.000000 173 16 Mar 2022 Common Stock 47 Direct F3
transaction CCS Restricted Stock Units Options Exercise $0 -2,773 -33% $0.000000 5,546 17 Mar 2022 Common Stock 2,773 Direct F1, F4
transaction CCS Dividend Equivalent Units Options Exercise -25 -14% 148 17 Mar 2022 Common Stock 25 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 Settlement of dividend equivalent rights in connection with the vesting of RSUs. The rights accrued when and as dividends were paid on the Issuer's common stock and became vested and settled proportionately with the RSUs to which they related. Each dividend equivalent right was the economic equivalent of one share of the Issuer's common stock.
F3 Represents dividend equivalent rights that accrued on RSUs held by the reporting person in conjunction with the payment of a cash dividend on the Issuer's common stock, which dividend equivalent rights will vest and be settled proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
F4 On March 17, 2021, the reporting person was granted 8,319 RSUs, vesting in three nearly equal annual installments beginning on the first anniversary of the grant date.