X0407 4 2023-06-14 0000773141 M.D.C. HOLDINGS, INC. MDC 0001360596 Berman Michael A 4350 S. MONACO ST. SUITE 500 DENVER CO 80237 1 0 0 0 0 Common Stock $.01 Par Value 2023-06-14 4 M 0 7500 36.48 A 39085 D Common Stock $.01 Par Value 2023-06-14 4 S 0 7500 45.32 D 31585 D Common Stock $.01 Par Value 2023-06-14 4 S 0 9500 45.02 D 22085 D Non-Statutory Stock Option (right to buy) 36.48 2023-06-14 4 M 0 7500 0 D 2023-02-01 2032-08-01 Common Stock $ .01 Par Value 7500 7500 D The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $45.23 to $45.39, inclusive. The reporting person undertakes to provide M.D.C. Holdings, Inc., any security holder of M.D.C. Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $44.81 to $45.28, inclusive. The reporting person undertakes to provide M.D.C. Holdings, Inc., any security holder of M.D.C. Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote Represents a stock option under the Company's 2020 Stock Option Plan for Non-Employee Directors (formerly known as 2011 Stock Option Plan for Non-Employee Directors), which meets all of the requirements under Rule 16b-3. Exhibit List: Exhibit 24 - Power of Attorney Michael A. Berman 2023-06-14