Form 4 for SDHC Smith Douglas Homes Corp.
Accepted 2024-01-18 00:00:00 ET · period of report 2024-01-10 · accession 0001140361-24-002799 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-01-18 | 2024-01-16 | SDHC | BRADBURY FAMILY TRUST II A U/A/D DECEMBER 29, 2015 | Dir, 10% | C - Cnv Deriv | — | +2.19M | 2.19M | New | — |
| DI | 2024-01-18 | 2024-01-16 | SDHC | BRADBURY FAMILY TRUST II A U/A/D DECEMBER 29, 2015 | Dir, 10% | D - Sale to Iss | $21.00 | -2.19M | 0 | -100% | -$46.04M |
| DI | 2024-01-18 | 2024-01-16 | SDHC | BRADBURY FAMILY TRUST II A U/A/D DECEMBER 29, 2015 | Dir, 10% | J - Other | — | -2.19M | 38.19M | -5% | — |
| DI | 2024-01-18 | 2024-01-10 | SDHC | BRADBURY FAMILY TRUST II A U/A/D DECEMBER 29, 2015 | Dir, 10% | A - Grant | — | +40.38M | 40.38M | New | — |
| DI | 2024-01-18 | 2024-01-10 | SDHC | BRADBURY FAMILY TRUST II A U/A/D DECEMBER 29, 2015 | Dir, 10% | A - Grant | $0.00 | +40.38M | 40.38M | New | $0 |
| DI | 2024-01-18 | 2024-01-16 | SDHC | BRADBURY FAMILY TRUST II A U/A/D DECEMBER 29, 2015 | Dir, 10% | C - Cnv Deriv | $0.00 | -2.19M | 38.19M | -5% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-01-16 | C | A | 2,192,308 | — | 2,192,308 | I By Bradbury Family Trust II | — | — | (F3) The membership units of Smith Douglas Holdings LLC (the "LLC Interests") may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class B Common Stock will be forefeited in connection with the redemption. The LLC Interests have no expiration date. (F2) Mr. Bradbury is co-trustee of Bradbury Family Trust II A U/A/D December 29, 2015 ("Bradbury Family Trust II"), and as a result, may be deemed to share beneficial ownership of the securities held of record by Bradbury Family Trust II. |
| 2 | Common | Class A Common Stock | 2024-01-16 | D | D | 2,192,308 | $21.00 | 0 | I By Bradbury Family Trust II | — | — | (F2) Mr. Bradbury is co-trustee of Bradbury Family Trust II A U/A/D December 29, 2015 ("Bradbury Family Trust II"), and as a result, may be deemed to share beneficial ownership of the securities held of record by Bradbury Family Trust II. |
| 3 | Common | Class B Common Stock | 2024-01-16 | J | D | 2,192,308 | — | 38,192,307 | I By Bradbury Family Trust II | — | — | (F4) Reflects the cancellation for no consideration of Class B Common Stock in connection with the redemption and conversion of the LLC Interests into shares of Class A Common Stock. (F2) Mr. Bradbury is co-trustee of Bradbury Family Trust II A U/A/D December 29, 2015 ("Bradbury Family Trust II"), and as a result, may be deemed to share beneficial ownership of the securities held of record by Bradbury Family Trust II. |
| 4 | Common | Class B Common Stock | 2024-01-10 | A | A | 40,384,615 | — | 40,384,615 | I By Bradbury Family Trust II | — | — | (F1) Represents securities received as part of the Issuer's reorganization in connection with its initial public offering, as described in the registration statement on Form S-1 relating to the initial public offering. These securities were previously reported on a Form 3 filed by the Reporting Persons. (F2) Mr. Bradbury is co-trustee of Bradbury Family Trust II A U/A/D December 29, 2015 ("Bradbury Family Trust II"), and as a result, may be deemed to share beneficial ownership of the securities held of record by Bradbury Family Trust II. |
| 5 | Derivative | LLC Interests | 2024-01-10 | A | A | 40,384,615 | $0.00 | 40,384,615 | I By Bradbury Family Trust II | — · — to — | 40,384,615 Class A Common Stock | (F2) Mr. Bradbury is co-trustee of Bradbury Family Trust II A U/A/D December 29, 2015 ("Bradbury Family Trust II"), and as a result, may be deemed to share beneficial ownership of the securities held of record by Bradbury Family Trust II. (F3) The membership units of Smith Douglas Holdings LLC (the "LLC Interests") may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class B Common Stock will be forefeited in connection with the redemption. The LLC Interests have no expiration date. |
| 6 | Derivative | LLC Interests | 2024-01-16 | C | D | 2,192,308 | $0.00 | 38,192,307 | I By Bradbury Family Trust II | — · — to — | 2,192,308 Class A Common Stock | (F2) Mr. Bradbury is co-trustee of Bradbury Family Trust II A U/A/D December 29, 2015 ("Bradbury Family Trust II"), and as a result, may be deemed to share beneficial ownership of the securities held of record by Bradbury Family Trust II. (F3) The membership units of Smith Douglas Holdings LLC (the "LLC Interests") may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class B Common Stock will be forefeited in connection with the redemption. The LLC Interests have no expiration date. |