Michael L. Kaplan - Feb 3, 2024 Form 4 Insider Report for M.D.C. HOLDINGS, INC. (MDC)

Signature
Michael L. Kaplan
Stock symbol
MDC
Transactions as of
Feb 3, 2024
Transactions value $
-$14,932
Form type
4
Date filed
2/5/2024, 06:03 PM
Previous filing
Oct 11, 2023
Next filing
Apr 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDC Common Stock $.01 Par Value Tax liability -$14.9K -238 -2.02% $62.74 11.6K Feb 3, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Restricted stock vesting -- share withholding pursuant to irrevocable election made outside of blackout periods (May 8, 2023).
F2 Closing Price on February 2, 2024.