David L. Messenger - 02 Jun 2023 Form 4 Insider Report for Century Communities, Inc. (CCS)

Role: CFO and Secretary
Signature: /s/ David L. Messenger
Issuer symbol: CCS
Transactions as of: 02 Jun 2023
Net transactions value: -$168,670
Form type: 4
Filing time: 05 Jun 2023, 17:36:30 UTC
Previous filing: 17 Mar 2023
Next filing: 09 Jun 2023
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		+5,481	+2.5%		222,325	02 Jun 2023	Direct	F1
transaction	CCS	Common Stock	Options Exercise		+147	+0.07%		222,472	02 Jun 2023	Direct	F2
transaction	CCS	Common Stock	Tax liability	$168,670	-2,471	-1.1%	$68.26	220,001	02 Jun 2023	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	Restricted Stock Units	Options Exercise	$0	-5,481	-100%	$0.000000^*	0	02 Jun 2023	Common Stock	5,481		Direct	F1, F3
transaction	CCS	Dividend Equivalent Units	Options Exercise		-147	-66%		76	02 Jun 2023	Common Stock	147		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 16,444 RSUs, vesting in three nearly equal annual installments beginning on the first anniversary of the grant date.