Michael L. Kaplan - 19 Apr 2024 Form 4 Insider Report for M.D.C. HOLDINGS, INC.

Reporting relationship: SVP and General Counsel
Issuer ticker: N/A
Reported as of: 19 Apr 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 19 Apr 2024, 09:21:07 UTC
Prior SEC filing: 05 Feb 2024
Next SEC filing: 17 Oct 2025
Source filing: View source filing
Reporting owner signature: /s/ Joseph H. Fretz, Attorney-In-Fact

Key filing fact

Michael L. Kaplan filed Form 4 for M.D.C. HOLDINGS, INC. on 19 Apr 2024.

Key facts

This page summarizes Michael L. Kaplan's Form 4 filing for M.D.C. HOLDINGS, INC..
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 19 Apr 2024, 09:21.

Change

Previous filing in this sequence was filed on 05 Feb 2024.
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.

MDC transaction

Common Stock $.01 Par Value

Disposed to Issuer

Transaction value
Shares: -3,040
Change %: -100%
Price
Shares after: 0
Date: 19 Apr 2024
Ownership: Direct
Footnotes: F1

MDC transaction

Common Stock $.01 Par Value

Disposed to Issuer

Transaction value
Shares: -8,531
Change %: -100%
Price
Shares after: 0
Date: 19 Apr 2024
Ownership: Direct
Footnotes: F2

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 2 footnotes

Footnote F1

Pursuant to the Agreement and Plan of Merger, dated as of January 17, 2024 (the "Merger Agreement"), by and among M.D.C. Holdings, Inc. ("Issuer"), SH Residential Holdings, LLC, Clear Line, Inc. and, solely for the purposes of Section 6.2, Section 6.17, and Section 9.15 therein, Sekisui House, Ltd., on April 19, 2024 (the "Effective Time"), these shares were cancelled and automatically converted into the right to receive $63.00 per share in cash, without interest (the "Merger Consideration").

Footnote F2

Pursuant to the Merger Agreement, at the Effective Time, each restricted stock award ("Issuer RSA") was fully vested, cancelled and automatically converted into the right to receive an amount in cash (without interest) equal to the product of (A) the aggregate number of shares of common stock subject to such Issuer RSA, multiplied by (B) the Merger Consideration, subject to any required withholding of taxes.