0001437749-20-003076.txt : 20200219 0001437749-20-003076.hdr.sgml : 20200219 20200219190429 ACCESSION NUMBER: 0001437749-20-003076 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200214 FILED AS OF DATE: 20200219 DATE AS OF CHANGE: 20200219 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Webb H Lawrence CENTRAL INDEX KEY: 0001597987 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36283 FILM NUMBER: 20631926 MAIL ADDRESS: STREET 1: THE NEW HOME COMPANY STREET 2: 85 ENTERPRISE, SUITE 450 CITY: ALISO VIEJO STATE: CA ZIP: 92656 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: New Home Co Inc. CENTRAL INDEX KEY: 0001574596 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 270560089 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 85 ENTERPRISE STE 450 CITY: ALISO VIEJO STATE: CA ZIP: 92656 BUSINESS PHONE: 9493827800 MAIL ADDRESS: STREET 1: 85 ENTERPRISE STE 450 CITY: ALISO VIEJO STATE: CA ZIP: 92656 FORMER COMPANY: FORMER CONFORMED NAME: New Home Co LLC DATE OF NAME CHANGE: 20130417 4 1 rdgdoc.xml FORM 4 X0306 4 2020-02-14 0001574596 New Home Co Inc. NWHM 0001597987 Webb H Lawrence C/O THE NEW HOME COMPANY INC. 85 ENTERPRISE, SUITE 450 ALISO VIEJO CA 92656 1 1 1 Executive Chairman See "Remarks" below. Common Stock 2020-02-14 4 F 0 4242 5.37 D 839407 D Common Stock 2020-02-18 4 A 0 44571 0 A 883978 D Common Stock 2020-02-14 4 F 0 854 5.37 D 26716 I Shared Household Common Stock 2020-02-18 4 A 0 15240 0 A 41956 I Shared Household Common Stock 38755 I By Webb Family Trust Employee Stock Option (Right to Buy) 11.0000 2017-01-30 2024-01-30 Common Stock 227273 227273 D Employee Stock Option (Right to Buy) 11.0000 2017-01-30 2024-01-30 Common Stock 5525 5525 I Shared Household Employee Stock Option (Right to Buy) 5.7600 2029-02-20 Common Stock 81801 81801 D Employee Stock Option (Right to Buy) 5.7600 2029-02-20 Common Stock 16587 16587 I Shared Household Employee Stock Option (Right to Buy) 5.36 2020-02-18 4 A 0 57534 0 A 2030-02-18 Common Stock 57534 57534 D Represents shares withheld for tax purposes upon the vesting of restricted stock units on February 14, 2020. Represents restricted stock units which vest in equal annual installments on each of the first, second and third anniversaries of February 18, 2020, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date. The restricted stock units convert into common stock on a one-for-one basis. Represents shares withheld for tax purposes upon the vesting of restricted stock units on February 14, 2020 for Joan Marcus Webb who is married to the Reporting Person. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Represents shares and restricted stock units held by Joan Marcus Webb who is married to the Reporting Person. The Reporting Person disclaims the beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Represents restricted stock units granted to Joan Marcus Webb who is married to the Reporting Person. The restricted stock units granted vest in equal annual installments on each of the first, second, and third anniversaries of February 18, 2020, subject to Ms. Marcus Webb's continued service with the Issuer through the applicable vesting date. The restricted stock units convert into common stock on a one-for-one basis. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose. By the L and J Webb Family Trust U/A DTD 07/20/2018 of which Mr. Webb is a trustee. Represents vested stock options held by Joan Marcus Webb who is married to the Reporting Person. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The stock options vest and become exercisable in three equal annual installments on each of the first, second and third anniversaries of February 20, 2019, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date. Represents stock options held by Joan Marcus Webb who is married to the Reporting Person. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The stock options vest and become exercisable in three equal annual installments on each of the first, second and third anniversaries of February 18, 2020, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date. The Reporting Person is a party to an Investor Rights Agreement dated February 5, 2014 and amended on May 22, 2018 (as amended, the "IRA"). The current parties to the IRA are Wayne Stelmar, Joseph Davis, Thomas Redwitz, H. Lawrence Webb and IHP Capital Partners VI, LLC (collectively, "Group Members"). The original IRA was filed as Exhibit 4.2 of the Company's Annual Report on Form 10-K for the year ended December 31, 2013 and the amendment was filed as Exhibit 10.1 of the Company's Current Report on Form 8-K dated May 22, 2018. Pursuant to the IRA, IHP Capital Partners VI, LLC has the right to designate a director for nomination and each of the Group Members has agreed to vote in favor of particular nominees as described in such IRA. The Reporting Person may be deemed to have shared voting power over the shares owned by the other Group Members. The Reporting Person disclaims beneficial ownership of the shares held by the other Group Members and has no pecuniary interest in the shares held by the other Group Members. /s/ Miek Harbur, Attorney-in-Fact for H. Lawrence Webb 2020-02-19