Robert J. Francescon - Jun 2, 2022 Form 4 Insider Report for Century Communities, Inc. (CCS)

Role: Co-CEO, President, Director
Signature: /s/ Robert J. Francescon
Stock symbol: CCS
Transactions as of: Jun 2, 2022
Transactions value $: -$232,609
Form type: 4
Date filed: 6/3/2022, 04:41 PM
Previous filing: Mar 18, 2022
Next filing: Jun 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCS	Common Stock	Options Exercise		+9.59K	+1.89%		516K	Jun 2, 2022	Direct	F1, F2
transaction	CCS	Common Stock	Options Exercise		+95	+0.02%		516K	Jun 2, 2022	Direct	F3
transaction	CCS	Common Stock	Tax liability	-$233K	-4.25K	-0.82%	$54.68	512K	Jun 2, 2022	Direct
holding	CCS	Common Stock						888K	Jun 2, 2022	By RJF Century LLC

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	Restricted Stock Units	Options Exercise	$0	-9.59K	-50%	$0.00	9.59K	Jun 2, 2022	Common Stock	9.59K		Direct	F1, F4
transaction	CCS	Dividend Equivalent Units	Options Exercise		-95	-30.55%		216	Jun 2, 2022	Common Stock	95		Direct	F3, F5

* 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 the Issuer's common stock on a one-for-one basis.
F2	Includes an additional 3 shares that were previously issued upon the vesting and settlement of dividend equivalent rights that had accrued on RSUs held by the reporting person that had also previously vested and been settled in shares of the Issuer's common stock.
F3	Settlement of dividend equivalent rights in connection with the vesting and settlement 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 relate. Each dividend equivalent right represents the economic equivalent of one share of the Issuer's common stock.
F4	On June 2, 2020, the reporting person was granted 28,777 restricted stock units, vesting in three nearly equal installments beginning on the first anniversary of the grant date.
F5	Includes an additional 25 dividend equivalent units that were previously accrued on RSUs held by the reporting person in connection 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 represents the economic equivalent of one share of the Issuer's common stock.