Robert J. Francescon - Mar 15, 2023 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: Mar 15, 2023
Transactions value $: -$163,766
Form type: 4
Date filed: 3/17/2023, 07:24 PM
Previous filing: Feb 16, 2023
Next filing: Jun 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCS	Common Stock	Options Exercise		+6.16K	+1.3%		481K	Mar 17, 2023	Direct	F1
transaction	CCS	Common Stock	Options Exercise		+167	+0.03%		481K	Mar 17, 2023	Direct	F2
transaction	CCS	Common Stock	Tax liability	-$164K	-2.78K	-0.58%	$58.93	478K	Mar 17, 2023	Direct
holding	CCS	Common Stock						888K	Mar 15, 2023	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	Dividend Equivalents Rights	Award	$0	+89	+17.8%	$0.00	589	Mar 15, 2023	Common Stock	89		Direct	F2
transaction	CCS	Restricted Stock Units	Options Exercise	$0	-6.16K	-50%	$0.00	6.16K	Mar 17, 2023	Common Stock	6.16K		Direct	F1, F3
transaction	CCS	Dividend Equivalent Rights	Options Exercise		-167	-28.35%		422	Mar 17, 2023	Common Stock	167		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 the Issuer's common stock on a one-for-one basis.
F2	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.
F3	On March 17, 2021, the reporting person was granted 18,487 RSUs, vesting in three nearly equal annual installments beginning on the first anniversary of the grant date.