Matt McGraner - Feb 15, 2024 Form 4 Insider Report for VINEBROOK HOMES TRUST, INC. (NA)

Role
Executive Vice President, Chief Investment Officer and Secretary
Signature
/s/ Matthew R. McGraner
Stock symbol
NA
Transactions as of
Feb 15, 2024
Transactions value $
-$236,959
Form type
4
Date filed
2/20/2024, 09:57 PM
Previous filing
Dec 12, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NA Common Stock Options Exercise +7.83K +17.69% 52.1K Feb 15, 2024 See Footnote F1, F2
transaction NA Common Stock Tax liability -$133K -2.25K -4.33% $58.95* 49.8K Feb 15, 2024 See Footnote F2
transaction NA Common Stock Options Exercise +6.93K +13.91% 56.7K Feb 17, 2024 See Footnote F1, F2
transaction NA Common Stock Tax liability -$104K -1.77K -3.12% $58.95* 55K Feb 17, 2024 See Footnote F2

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 NA Restricted Stock Units Options Exercise $0 -7.83K -16.67% $0.00 39.1K Feb 15, 2024 Common Stock 7.83K Direct F1, F3
transaction NA Restricted Stock Units Options Exercise $0 -6.93K -14.29% $0.00 41.6K Feb 17, 2024 Common Stock 6.93K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock of VineBrook Homes Trust, Inc. (the "Issuer").
F2 These shares are held by a trust for which Mr. McGraner serves as trustee. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3 On February 15, 2021, the reporting person was granted 62,609 restricted stock units. The restricted stock units vested one-eighth on February 15, 2022, one-eighth on February 15, 2023 and one-eighth on February 15, 2024 and will vest one-eighth on February 15, 2025; the remaining half of the restricted stock units will vest upon the initial public offering of the Issuer. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F4 On February 17, 2022, the reporting person was granted 55,412 restricted stock units. The restricted stock units vested one-eighth on February 17, 2023 and one-eighth on February 17, 2024 and will vest one-eighth on February 17, 2025 and one-eighth on February 17, 2026; the remaining half of the restricted stock units will vest upon the date of the successful completion of an initial public offering of the Issuer. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Executive Vice President, Chief Investment Officer and Secretary