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Mandarich David D
President, CEO and Director
M.D.C. Holdings, Inc.
US, Denver [HQ]
CIK
1009874
Data Source
We automatically created this profile. The information was aggregated based on earnings call transcripts, insider forms and DEF 14A statements.
Latest Information
Shares :
0
Price per Share :
$62.98
Equivalence :
$0.0
Transaction History
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D0.0 Shares After TransactionValue : $n/a$0.0Transaction Date : 04/19/24
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Footnotes
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Footnotes:#1 Pursuant to the Agreement and Plan of Merger, dated as of January 17, 2024 (the "Merger Agreement"), by and among M.D.C. Holdings, Inc. ("Issuer"), SH Residential Holdings, LLC, Clear Line, Inc. and, solely for the purposes of Section 6.2, Section 6.17, and Section 9.15 therein, Sekisui House, Ltd., on April 19, 2024 (the "Effective Time"), these shares were cancelled and automatically converted into the right to receive $63.00 per share in cash, without interest (the "Merger Consideration").#2 Pursuant to the Merger Agreement, at the Effective Time, each restricted stock award ("Issuer RSA") was fully vested, cancelled and automatically converted into the right to receive an amount in cash (without interest) equal to the product of (A) the aggregate number of shares of common stock subject to such Issuer RSA, multiplied by (B) the Merger Consideration, subject to any required withholding of taxes.#3 Pursuant to the Merger Agreement, at the Effective Time, each performance share unit award ("Issuer PSU") was fully vested, cancelled and automatically converted into the right to receive an amount in cash (without interest) equal to the product of (A) the aggregate number of shares of common stock subject to such Issuer PSU based on maximum performance, multiplied by (B) the Merger Consideration, subject to any required withholding of taxes.
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D0.0 Shares After TransactionValue : $n/a$0.0Transaction Date : 04/19/24
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Footnotes
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Footnotes:#1 Pursuant to the Agreement and Plan of Merger, dated as of January 17, 2024 (the "Merger Agreement"), by and among M.D.C. Holdings, Inc. ("Issuer"), SH Residential Holdings, LLC, Clear Line, Inc. and, solely for the purposes of Section 6.2, Section 6.17, and Section 9.15 therein, Sekisui House, Ltd., on April 19, 2024 (the "Effective Time"), these shares were cancelled and automatically converted into the right to receive $63.00 per share in cash, without interest (the "Merger Consideration").#2 Pursuant to the Merger Agreement, at the Effective Time, each restricted stock award ("Issuer RSA") was fully vested, cancelled and automatically converted into the right to receive an amount in cash (without interest) equal to the product of (A) the aggregate number of shares of common stock subject to such Issuer RSA, multiplied by (B) the Merger Consideration, subject to any required withholding of taxes.#3 Pursuant to the Merger Agreement, at the Effective Time, each performance share unit award ("Issuer PSU") was fully vested, cancelled and automatically converted into the right to receive an amount in cash (without interest) equal to the product of (A) the aggregate number of shares of common stock subject to such Issuer PSU based on maximum performance, multiplied by (B) the Merger Consideration, subject to any required withholding of taxes.
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D0.0 Shares After TransactionValue : $n/a$0.0Transaction Date : 04/19/24
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Footnotes
-
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Footnotes:#1 Pursuant to the Agreement and Plan of Merger, dated as of January 17, 2024 (the "Merger Agreement"), by and among M.D.C. Holdings, Inc. ("Issuer"), SH Residential Holdings, LLC, Clear Line, Inc. and, solely for the purposes of Section 6.2, Section 6.17, and Section 9.15 therein, Sekisui House, Ltd., on April 19, 2024 (the "Effective Time"), these shares were cancelled and automatically converted into the right to receive $63.00 per share in cash, without interest (the "Merger Consideration").#2 Pursuant to the Merger Agreement, at the Effective Time, each restricted stock award ("Issuer RSA") was fully vested, cancelled and automatically converted into the right to receive an amount in cash (without interest) equal to the product of (A) the aggregate number of shares of common stock subject to such Issuer RSA, multiplied by (B) the Merger Consideration, subject to any required withholding of taxes.#3 Pursuant to the Merger Agreement, at the Effective Time, each performance share unit award ("Issuer PSU") was fully vested, cancelled and automatically converted into the right to receive an amount in cash (without interest) equal to the product of (A) the aggregate number of shares of common stock subject to such Issuer PSU based on maximum performance, multiplied by (B) the Merger Consideration, subject to any required withholding of taxes.
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A5,457,022 Shares After TransactionValue : $n/a$0.0Transaction Date : 02/02/24
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Footnotes
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Footnotes:#1 Vesting of Performance Share Unit (PSU) award originally granted on July 14, 2021.#2 PSU vesting - share withholding pursuant to irrevocable election made outside blackout periods (May 3, 2023).#3 Closing price on February 2, 2024#4 Restricted stock vesting -- share withholding pursuant to irrevocable election made outside of blackout periods (May 3, 2023).
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F5,299,521 Shares After TransactionValue : $332,491,947.54$9,881,612.74Transaction Date : 02/02/24
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Footnotes
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Footnotes:#1 Vesting of Performance Share Unit (PSU) award originally granted on July 14, 2021.#2 PSU vesting - share withholding pursuant to irrevocable election made outside blackout periods (May 3, 2023).#3 Closing price on February 2, 2024#4 Restricted stock vesting -- share withholding pursuant to irrevocable election made outside of blackout periods (May 3, 2023).