Robert J. Francescon - Jun 2, 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: Jun 2, 2023
Transactions value $: -$295,156
Form type: 4
Date filed: 6/5/2023, 05:35 PM
Previous filing: Mar 17, 2023
Next filing: Jun 16, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCS	Common Stock	Options Exercise		+9.59K	+2.01%		488K	Jun 2, 2023	Direct	F1
transaction	CCS	Common Stock	Options Exercise		+257	+0.05%		488K	Jun 2, 2023	Direct	F2
transaction	CCS	Common Stock	Tax liability	-$295K	-4.32K	-0.89%	$68.26	484K	Jun 2, 2023	Direct
holding	CCS	Common Stock						888K	Jun 2, 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	Restricted Stock Units	Options Exercise	$0	-9.59K	-100%	$0.00^*	0	Jun 2, 2023	Common Stock	9.59K		Direct	F1, F3
transaction	CCS	Dividend Equivalent Units	Options Exercise		-257	-60.9%		165	Jun 2, 2023	Common Stock	257		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 June 2, 2020, the reporting person was granted 28,777 RSUs, vesting in three nearly equal installments beginning on the first anniversary of the grant date.