Form 4 for CHCI Comstock Holding Companies, Inc.
Accepted 2022-06-15 00:00:00 ET · period of report 2022-06-13 · accession 0001628280-22-017245 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2022-06-15 | 2022-06-13 | CHCI | Clemente Christopher | COB, CEO, Dir, 10% | A - Grant | — | +1.00M | 4.66M | +27% | — |
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 | 2022-06-13 | A | A | 1,000,000 | — | 4,660,235 | I See footnote | — | — | (F1) By CP Real Estate Services, LC ("CPRES"), an entity wholly-owned by the reporting person. On June 13, 2022, the Issuer and CPRES entered into a Share Exchange and Purchase Agreement (the "SEPA") pursuant to which the Issuer acquired from CPRES 3,440,689 shares of the Issuer's Series C Non-Convertible Preferred Stock, par value $0.01 per share, ("Series C Preferred Stock") valued at $5.00 per share, for a total value of $17,230,445, in exchange for (i) 1,000,000 shares of the Issuer's Class A Common Stock, valued at the consolidated closing bid price of the shares of Class A Common Stock on Nasdaq on the day immediately preceding the entry into the SEPA, and (ii) $4,000,000 in cash. |