Richard Schmidtke - 12 Jul 2023 Form 4 Insider Report for Harbor Custom Development, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 12 Jul 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 14 Jul 2023, 12:30:15 UTC
Prior SEC filing: 10 Dec 2021
Source filing: View source filing
Reporting owner signature: /s/ Richard Schmidtke

Key filing fact

Richard Schmidtke filed Form 4 for Harbor Custom Development, Inc. on 14 Jul 2023.

Key facts

This page summarizes Richard Schmidtke's Form 4 filing for Harbor Custom Development, Inc..
0 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 14 Jul 2023, 12:30.

Change

Previous filing in this sequence was filed on 10 Dec 2021.
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.

HCDI holding

Common Stock, no par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 7,544
Date: 12 Jul 2023
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HCDI holding Derivative

Stock Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,000
Date: 12 Jul 2023
Ownership: Direct
Underlying class: Common Stock, no par value
Underlying amount: 1,000
Exercise price: $92.40
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Richard Schmidtke is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

On October 24, 2020, Mr. Schmidtke was granted 1,000 Incentive Stock Options pursuant to the Company's 2018 Equity Incentive Plan, all of which are vested as of the date of this report. Pursuant to the terms of the grant, Mr. Schmidtke has three months following the date of his departure to exercise his options.

SEC remarks

On July 12, 2023, Mr. Schmidtke departed from the Company's board of directors. He is voluntarily filing this Form 4 to indicate that he is no longer subject to Section 16 of the Securities Exchange Act of 1934, as amended.