Christopher Clemente - 23 Dec 2022 Form 4 Insider Report for Comstock Holding Companies, Inc. (CHCI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
28 Dec 2022, 16:22:16 UTC
Prior SEC filing
15 Jun 2022
Next SEC filing
27 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jubal Thompson, by power of attorney

Key filing fact

Christopher Clemente filed Form 4 for Comstock Holding Companies, Inc. (CHCI) on 28 Dec 2022.

Key facts

  • This page summarizes Christopher Clemente's Form 4 filing for Comstock Holding Companies, Inc. (CHCI).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 28 Dec 2022, 16:22.

Change

  • Previous filing in this sequence was filed on 15 Jun 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CHCI transaction

Class A Common Stock

Other

Transaction value
Shares
-1,848,253
Change %
-40%
Price
Shares after
2,811,982
Date
23 Dec 2022
Ownership
See footnote
Footnotes
F1, F2
CHCI transaction

Class A Common Stock

Other

Transaction value
Shares
-2,039,233
Change %
-73%
Price
Shares after
772,749
Date
23 Dec 2022
Ownership
See footnote
Footnotes
F1, F2
CHCI transaction

Class A Common Stock

Gift

Transaction value
$0
Shares
-27,000
Change %
-12%
Price
$0.000000
Shares after
201,419
Date
23 Dec 2022
Ownership
Direct
Footnotes
F4
CHCI holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
924,126
Date
23 Dec 2022
Ownership
See footnote.
Footnotes
F3
CHCI holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
693,351
Date
23 Dec 2022
Ownership
See footnote
Footnotes
F5
CHCI holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
45,926
Date
23 Dec 2022
Ownership
See footnote
Footnotes
F6
CHCI holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
42,313
Date
23 Dec 2022
Ownership
See footnote
Footnotes
F7
CHCI holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
124,465
Date
23 Dec 2022
Ownership
See footnote
Footnotes
F8
CHCI holding

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
220,250
Date
23 Dec 2022
Ownership
See footnote
Footnotes
F5, F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

On December, 23, 2022, (i) CP Real Estate Services, LC ("CPRES"), an entity wholly-owned by Mr. Clemente, transferred 1,848,253 shares of the Company's Class A Common Stock to 11465 SH I, LLC ("11465"), an entity controlled by Mr. Clemente, who then immediately distributed the shares on a pro rata basis to Clemente Investment Management, L.C. ("CIM"), an entity controlled by Mr. Clemente, and Schar Holdings, Inc. (the "Pro Rata Distribution) and (ii) CPRES transferred 2,039,233 shares of the Company's Class A Common Stock to Schar Holdings, LLC (collectively, the "Transactions"). The Transactions are related to that certain Share Exchange and Purchase Agreement by and between the Company and CPRES for the consideration described in the Form 8-K filed by the Company with the SEC on June 13, 2022.

Footnote F2

By CPRES.

Footnote F3

By CIM, which shares were acquired pursuant to the Pro Rata Distribution.

Footnote F4

On December 23, 2022, Mr. Clemente gifted 3,000 shares of Class A Common Stock to members of his family, 15,000 of which are indirectly beneficially owned by Mr. Clemente.

Footnote F5

By FR54, LLC, an entity controlled by Mr. Clemente.

Footnote F6

By immediate family members or trusts for the benefit of Mr. Clemente's children, of which Mr. Clemente is currently the custodian.

Footnote F7

By Mr. Clemente's spouse.

Footnote F8

By Stonehenge Funding, L.C., an entity controlled by Mr. Clemente.

Footnote F9

Shares of Class B Common Stock are convertible at any time by the holder into shares of Class A Common Stock on a share-for-share basis.

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