0001373670-25-000016.txt : 20250305 0001373670-25-000016.hdr.sgml : 20250305 20250305160956 ACCESSION NUMBER: 0001373670-25-000016 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250303 FILED AS OF DATE: 20250305 DATE AS OF CHANGE: 20250305 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Suit Neal J CENTRAL INDEX KEY: 0001761204 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33530 FILM NUMBER: 25711036 MAIL ADDRESS: STREET 1: C/O LEGACY HOUSING CORPORATION STREET 2: 1600 AIRPORT FREEWAY, #100 CITY: BEDFORD STATE: TX ZIP: 76022 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Green Brick Partners, Inc. CENTRAL INDEX KEY: 0001373670 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 205952523 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5501 HEADQUARTERS DR STREET 2: SUITE 300W CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 469-573-6755 MAIL ADDRESS: STREET 1: 5501 HEADQUARTERS DR STREET 2: SUITE 300W CITY: PLANO STATE: TX ZIP: 75024 FORMER COMPANY: FORMER CONFORMED NAME: BioFuel Energy Corp. DATE OF NAME CHANGE: 20060823 4 1 wk-form4_1741208987.xml FORM 4 X0508 4 2025-03-03 0 0001373670 Green Brick Partners, Inc. GRBK 0001761204 Suit Neal J 5501 HEADQUARTERS DRIVE, SUITE 300W PLANO TX 75024 0 1 0 0 General Counsel & EVP 0 Common Stock 2025-03-03 4 A 0 7533 0 A 21761 D Common Stock 2025-03-03 4 S 0 2787 59.73 D 18974 D Restricted Stock Units 2025-03-03 2025-03-03 4 A 0 2790 0 A Common Stock 2790 2790 D Performance Based Restricted Stock Units 2025-03-03 2025-03-03 4 A 0 2790 0 A Common Stock 2790 2790 D Performance Based Restricted Stock Units 2025-03-03 2025-03-03 4 A 0 2790 0 A Common Stock 2790 2790 D The reporting person was granted a stock bonus of 7,533 shares of common stock pursuant to his 2024 annual bonus. The shares were fully vested upon issuance. Reflects shares withheld for taxes payable upon the stock bonus award. The Restricted Stock Units convert into shares of Common Stock on a one-for-one basis upon vesting. These RSUs were granted pursuant to the Company's Long-Term Incentive Program (the "LTIP") under its 2024 Omnibus Incentive Plan (the "2024 Plan") and vest equally on the first, second and third anniversary of the Grant Date. These Performance-Based Restricted Stock Units (PSUs) convert into shares of Common Stock on a one-for-one basis upon vesting. These PSUs were granted pursuant to the Company's LTIP and are earned in four segments, (1) 16.66% are earned based on performance during 2025, (2) 16.67% are earned based on performance during each of 2026 and 2027 and (3) 50% are earned based on the Company's three-year performance. The PSUs in each segment can be earned between 50% and 200% based on the Company's performance, provided that the Company's performance exceeds the threshold performance level. Once earned, the PSUs vest on the third anniversary of the Grant Date. These PSUs were granted pursuant to the Company's LTIP and are earned between 50% and 200% based on the Company's performance during the 2025-2027 Performance Period, provided that the Company's performance exceeds the threshold performance level. Once earned, the PSUs vest on the third anniversary of the Grant Date. /s/ Neal J. Suit 2025-03-05