0000905148-14-000371.txt : 20140416 0000905148-14-000371.hdr.sgml : 20140416 20140416160316 ACCESSION NUMBER: 0000905148-14-000371 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140410 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets FILED AS OF DATE: 20140416 DATE AS OF CHANGE: 20140416 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UCP, Inc. CENTRAL INDEX KEY: 0001572684 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 900978085 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36001 FILM NUMBER: 14767572 BUSINESS ADDRESS: STREET 1: 99 ALMADEN BOULEVARD STREET 2: SUITE 400 CITY: SAN JOSE STATE: CA ZIP: 95113 BUSINESS PHONE: 408-207-9499 MAIL ADDRESS: STREET 1: 99 ALMADEN BOULEVARD STREET 2: SUITE 400 CITY: SAN JOSE STATE: CA ZIP: 95113 FORMER COMPANY: FORMER CONFORMED NAME: UCP, LLC DATE OF NAME CHANGE: 20130321 8-K 1 efc14-402_fm8k.htm efc14-402_fm8k.htm
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
_________________________
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of report (Date of earliest event reported) April 10, 2014
 
_________________________
 
 
UCP, Inc.
 
(Exact Name of Registrant as Specified in Charter)
_________________________
 
Delaware
001-36001
90-0978085
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
     
 
99 Almaden Boulevard
Suite 400
San Jose, California
(Address of Principal Executive Offices) 
95113
(Zip Code)
                                                                        
Registrant’s telephone number, including area code (408) 207-9499
 
(Former Name or Former Address, if Changed Since Last Report.)

 
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
□      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
□      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
□
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
□
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
 
 
 
 
Item 2.01    Completion of Acquisition or Disposition of Assets.
 
On April 10, 2014, UCP, LLC, the company through which UCP, Inc. directly and indirectly owns and operates its business, completed the acquisition of the assets of Citizens Homes, Inc. (“Citizens”) used in the purchase of real estate and the construction and marketing of residential homes in North Carolina, South Carolina and Tennessee, pursuant to a Purchase and Sale Agreement, dated March 25, 2014 between UCP, LLC and Citizens (the “Acquisition”).  The total cash purchase price for the Acquisition was approximately $15 million.  In addition, Citizens is eligible to receive earnout payments from UCP, LLC of up to $6 million in the aggregate, based on performance over the next five years.
 
 
 
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Date: April 16, 2014
 

 
UCP, Inc.
  
       
 
By:
/s/ William J. La Herran  
   
William J. La Herran
  
    Chief Financial Officer and Treasurer  
       
 
 
GRAPHIC 2 efc14-402_fm8k.jpg begin 644 efc14-402_fm8k.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_X0!F17AI9@``34T`*@````@`!`$:``4` M```!````/@$;``4````!````1@$H``,````!``(```$Q``(````0````3@`` M``````!@`````0```&`````!4&%I;G0N3D54('8U+C`P`/_;`$,``@$!`@$! M`@("`@("`@(#!0,#`P,#!@0$`P4'!@<'!P8'!P@)"PD("`H(!P<*#0H*"PP, M#`P'"0X/#0P."PP,#/_;`$,!`@("`P,#!@,#!@P(!P@,#`P,#`P,#`P,#`P, M#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#/_``!$(`&X! M"`,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0```````````0(#!`4&!P@)"@O_ MQ`"U$``"`0,#`@0#!04$!````7T!`@,`!!$%$B$Q008346$'(G$4,H&1H0@C M0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U-CH.$A8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJ MLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:X>+CY.7FY^CIZO'R\_3U]O?X M^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#!`4&!P@)"@O_Q`"U$0`"`0($ M!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q$R(R@0@40I&AL<$)(S-2\!5B M7J"@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>HJ:JRL[2UMK>X MN;K"P\3%QL?(RKR\_3U]O?X^?K_V@`,`P$` M`A$#$0`_`/WFBBN=4U+4`-0NK:.VG6)$B2(C'E1MGYD)SECWJ7^QKC_H,:A_ MWQ!_\;I=%_Y"6K_]?:_^B(:\N_;._;&\/_L2_"J'Q;XCT_5-1L)KZ.Q$=@J- M*&<$@X8@8&/6M*5*52:A!7;(J5(PBY2=DCU#^QKC_H,:A_WQ!_\`&Z/[&N?^ M@QJ'_?$'_P`;KX6T_P#X.%_@S<.$ET;QM;DC)+64;8'_``%S6E%_P7_^!TD# M.T/BZ,KT0Z;DG\FQ7>\EQ]KJC+[CC_M3"_\`/Q?>?:_]C7'_`$&-0_[X@_\` MC=']CW'_`$&-0_[X@_\`C=?#5_\`\'"GP4A0"+3/&DS$$X6P13Q]7'6O>?V' MOV^?"W[=^B:[J'A?3-;TZ#0+A+:8:A'&C2,Z;@5V,W`'K65?+,71@YU:;BEW M-*..H5)*$)IMGMO]BW/_`$%]1_[X@_\`C=']BW/_`$%]1_[X@_\`C=:"_=%- M8'.<@`5PG64/[&N?^@QJ'_?$'_QNC^QKG_H,:A_WQ!_\;KY._:E_X+*?#O\` M9*^.FK^`_$>B>*)]1T=())+BSABDA<2PI*,9<'@.`>.H-,KDDX&W3E&[Z985[U^P_^WEX M5_;N\.:WJWA;3]9L+?0[M;.4:@B(SL4#@@*S<8/>LZV6XNC!SJTVDNY5',<- M5DH4YIOLCV?^Q;D]-7U'_OB#_P"-T?V+<_\`07U'_OB#_P"-U?3H:5FVC)KB M.R^ES/\`[%N?^@OJ/_?$'_QND_L:Y_Z#&H?]\0?_`!NK%[J$5E!)-/(D,,2[ MG=R%51W))Z5\^?'3_@JA\$?@-;2#4_&5CJ=[&2/L>E-]KF)';Y<@?B:UH8>M M6ERT8N3\DS*K7ITE>HTO5GO?]CW'_08U#_OB#_XW1_8]Q_T&-0_[X@_^-U^= M'BK_`(..O!=C<2)I'P\\3WL8;"275U!;JX]<`L:YR7_@Y,MO-`3X5.5]6UX! MOR\BO87#.9M7]E;U:7ZGG2SW`IV]I=^2?^1^G1T>X'76-0&/]B#_`.-T?V-< M_P#08U#_`+X@_P#C=?F]H'_!R!X7N9E&K?#7Q#:QL0&>TOH9\#Z,$S7O?P2_ MX+2_`GXO@13^(I_"MZ>L&M0_9Q]-XRA_.N:ODF/I1YITG^?Y7-J6;82H[1FO MR_,^IO[&N?\`H,:A_P!\0?\`QNC^QKC_`*#&H?\`?$'_`,;K`\"_'?P9\3V4 M>'?%&A:R[C(CM+Z.5R/7:#G]*\'_`&RO^"KG@3]B/XGVWA;Q1HWB2]N[JQ6^ M6:PBB>/:S%0/F<'/'I7'1PE:I/V<(MR['5/%4H1YY2T[GTO_`&-<_P#08U#_ M`+X@_P#C=']C7'_08U#_`+X@_P#C=?"R_P#!PW\&6`(T;QL58]191D#_`,B5 M-<_\'"7P5@C5DTWQI*3V%@@Q^;UV/(\PZ46`?&DP)QDO:I_[4K2.09C+:B_P_P`P_M?!V_B(_0S^QKC_`*#&H?\` M?$'_`,;I?[%N>O\`:^HX_P!R#_XW7P!X>_X.*/A=?W074?!_CG34)`:3R[>4 M+^"OD_@*^E?@7_P4J^#/[1!@@\/^--.74+@A4L;TFUN68]@CXR?I7/B,IQM% M7J4FOD:4LRPU1VIS3/:O[&N3TU?43_P"#_XW1_8MS_T%]1_[X@_^-U;AE5E) M'(]JEKSDSL3,_P#L6Y_Z"^H_]\0?_&Z/[%N?^@OJ/_?$'_QNM"BF,IVFESV] MPKOJ-[<*O6.18@K<=]J`_D:*N44`9^B_\A+5_P#K[7_T1#3?$GA+2_%MDMOJ MFGV>HVZN'$5S"LJ!AT.&!&?>G:+_`,A+5_\`K[7_`-$0UH4T[.Z$U?<^9?\` M@H1^RCX!\7?LA>/9#X3T."_T[1[B\L[F"SCBFMYHT+*RLH!'(K\`"@;`W'/; M)S7]*7[7,`N/V9O'J,,J^@WF?^_+5_-6\1>(8Q@_X5^E<#59NC54FVDT?$<4 MP2JP:5M&?N9_P21_91\#Z?\`L4^"=75Y<6:2S2;I&`&Y@3 M@`#`KZZ\-^!M&\'1S)I.E:?IB3G=(MK`L0<^IV@9KRC_`()UV7]F_L1?#"(* M%`T*!B/KD_UKVRO@LRKSJXJJYMOWG^9];@J<8T(65M%^0#@`#H*"H/49HHKA M.LYG7_A)X6\57TMUJ?AW1-1NIP!)-E?L"YP/K7YP_\ M''6G";X"?#VZ.W,'B"2+W^:V<\?]\BOH.&<54AF-*,6[-VW\F>-GE&#P=25M M;'4?\$5_V//`MK^R'H_C'4_#FE:MXB\2RRSRW=Y;K,R1K(RHB;L[1@>5[B0Q65A;!6N;V3&=J@D`#U8D`5V?QY^,FC?L__``IUOQAX@N4M=)T& MU:YF8GYI"/NQKZLS84#N2*_GJ_;`_:U\1_MB_%_4?%?B%Y(HYV*6%@)2T.G0 M?PQKV)[EL#)S7I<.Y$\?5:_80:S M\6]>N-+,VV1-%TAE:7:1DB:9@0K=B$!_WJ]K_P"".'_!-JQ^!?PQT[XC>+-. MCD\<>(81<6T4PW?V3:N`8U`/21E^9CU&X#L:^]\=.3Q7HYKQ"L/?!Y6E",=' M);M^3_7J&LP*%\^YM%N M)WQW9WRQ/U-=O+^S-\.YHO+?P1X69,8Q_9L/_P`37<#@45\G/%5IOFG-M^K/ MH(8>E%6C%+Y'SS\9?^"7/P.^-&A7=I?^`M'TZXF4[;[2XA9W438X*NF.1UP0 M1Z@U^?G[7'_!`?Q%\+-&N]<^&VNOXLT^UC:6;3]15(KZ%%!)*.NV.7'IA#QW MK]B6SM..M9WB.+SM%O(]I8/`ZD>O!XKTL!GV-PLUR3;79ZHXL9E6&K0?-&S\ MM#\7_P#@@#\,8?&/[9.H:U<([+X8TB2=!DA1+(PC5O>&=>^*>IWVGW5I*9X+*- MIH6C)52['&0,C)[5^G@4D$YZUU<48MU%X_ M&OQ'T'1I6>.'5M1M[20QD!@LDBJ2,]#@FOVI_P""\]N)?V!=0KV9!]/ MG-?CU^RI:"]_::\!1%=PEU^S&/\`MLAK[+A6O*65SE*3;3?RT1\WGE*,<:HI M63M^9^Y?P8_X)8?`KX0:#:P6G@'2-4N8T&^[U5/MMQ(V!DEGSCGL`!7H-]^Q MC\)M1M##/\.O!\L9&-ITR+'\J],50@``P!2U^9SQE>3YI3;?JS[>.&I17+&* M2]$?!_[7W_!"[X;_`!EL;O4O`1;P'XB$+-%#;@-IEQ)C@21$90'IF,C&-8$2.;6;:?3KDA<&0Q%60_7#X^@K[+A3/*\J_U2O+FC+:^M MK>?F?-<0992C1^L4ERN/;J=-_P`$5?\`@I5K7B?Q+9_!OQI<7.IS31R2:'J< MTADD`12QMY">6``)4YZ`BOU)K^:_]CCQ+>^$OVM/AI?V$LD=S'XET^-=NO9X;_Y&=+U_0\K M._\`WR6I^SEI:I:VZQ1H(T3A0!@`>E3CCCTHHK\H2/OT@HHHI@!IC(#D%0P- M/HH`@MK"*U!$44<0;D[5`S4X&***&[ZL$NA\:_\`!=D#_AWYK`QQ_:EC_P"C M#7X[_L?$C]JGX2.E?DY_P`'&_Q0M[_QE\/?!\15Y]/@N-4GP<[!(1&H/I]S M/XU]I_MC?\%.OAA^R'I4\&I:U;ZQXJ>%FL]#T]_.N)7`R!(1\L2^[D<9P">* M_&FXM_B;_P`%./VJ;N:RM)]:\1^()R53=MM=+MP?E#.>$C1>YZXXR3BOL.%< MNJ*O]=K>[3A?5Z7TZ'SF?XR$J3PM/WIRMHNAV'_!(?X`S_'+]M[PI));3R:3 MX7F_MJ[E6,E$:'F)2V,`F0KP>H4U^_-?/?\`P3O_`&&=,_8=^"D6B)+%?^(= M087&KWZI@3RX^XN>=B]!GZU]"5YG$6;+'8MS@O=CHO/S^9WY-@I8;#J,]WN% M%%%>">L%%%%`&?HO_(2U?_K[7_T1#6A6?HO_`"$M7_Z^U_\`1$-:%`'G?[6@ M)_9F\?8_Z`5W_P"B6K^:>-"B(Q&`!_7_`.M7]*?[7ZE_V7OB$`2/^)!=XQ_U MQ>OYKMP6)5.3\O6OTC@1_NJWJOR/B^*W[]/T?YH_HX_8#;/[&'PRP.G&1_2O;*_/\`&?[Q4_Q/\V?6X1WH M0?DOR"BBBNPR`USK=Q/CN0EN1_-Q7L\.O\`X4Z/K^C/*SM_[%4]/U/I[_@E M'_RC[^&/'_,)7_T,U]#$91B>U?/O_!*J$P?\$_OAM"FT+_`(*$_$$2QNBWD\-S&6'WU:%! MD>W!KU3_`(-]O%\6A?MI:CILKHC:OH,X7)ZE'1L?D35S_@X2\`OX:_:ST#7% M@=8?$.AH#)MPK/$[(1GUP0:^F_%OQ9:V3'`A:- M6POIP17Z2LNX=2*`ON:^!PF:8O"Q<:$VD^FGZH^MQ&7X>O)2JQNS\^OA7_P; MT_#/PGJ(NO%'B'Q'XM.=QA9TM8G/^T5&XC\:^SO@G^SQX,_9Y\.KI'@[PYIN MA60^_P#9X@'E/J[\LQ^IKMRF2.3BE"XZ$TL7F>+Q22KU'+\ON6@Z&!H4=:<4 MA`H'0`9]J6BBN$ZPHHHH`****`,_1?\`D):O_P!?:_\`HB&M"L_1?^0EJ_\` MU]K_`.B(:T*`.'_:3TIM=^`?C.S12[7.BW<84#.286K^9Q1\BAE8N!@^F>AX MK^I34;.._LI[>50\4\;(ZGHP(P1^5?SO_P#!1/\`9>N_V4/VJ?$F@-;RQZ1> MSG4-*E*826WD)8`'IE3E2!TQ7WW`N+A&I4P[>LK->=MSY'BBA)QA5Z*Z/V*_ MX)`>+8O%7_!/[X?%9%>2PMI;)\'.&25N/R(KZ=S]:_"__@E-_P`%-'_8K\1W M'A[Q2+N]\!:W*)'\OYWTN8D`RJO=3QN`],\U^TWPO^,OAKXS>%K;6O"VM:=K M6FW48D66UG63;D=&`.5/L>:^>XARVKA<7.A MU5&0.M-1RV,@>G6O"/6OIH)*WR\9)-?DG_P<>>/HM6^*'PS\+P7"O/IE MA=W\T2G)4SR1QIGT.(6_.ON;]LC_`(*0?#O]D'PEI;%?EI^R_P##+Q/_`,%;OV^M1\4^($FM-)BN$U/5YHU9X;." M,J(;5&/<@!0/0,:^MX9P;I5'F6(5J=--W?5O30^2;`3+"OJ73(`_O!:_`QT`S&Z'Y?E93U'8CGO\`6OZEID$A M`)&"*_*S_@L-_P`$JKZ76]5^*GPXTT7,5R?/UO1K2#]XK@8,\**.=W5@.2>? M6OMN$<[C0;P=9V4GHWLO+YGS7$65SJI8BDKM;KR[GT)_P1\_;WT_]IGX%Z=X M0UG4@WCSPI;"WGBEXDOK9,+'.O\`>^7:&[Y&>]?:0<'C(R*_F)^%7Q0U_P"! MWQ#TWQ+X=OKC3-;T>=9H9%)7:P/*,.,J>C*>O2OV6_8/_P""T'@S]I&"UT+Q M@UKX-\7^6H)N9@MC>M@`F-VQM)/.UO7O7/Q#PW5HS>)PRYJ;U?D_\BLDSJ%2 M"H5W:2TUZV_4^X:*@L[U+VUCFB>.6*0;E="&5@>X(ZBIZ^//IPHHJ'4-0ATR MTDGGDCAAB&YW=@JJ/4D\`4`39'/M1FOF:\_X*@^`M6_:IT#X3>%Q<^+=GJ$9BS29PV-N#MZ9KZ5MW+J21C-:5J%6ER^TC:ZNK]C*E7A4OR M.]G;YGQE_P`%Y+CR?V`-30'F75[(?DYK\??V1Y!;?M3?#URI95\0V6,>\JU^ MM/\`PTM23F\UVV4>^T,37X_?`+61X?^.O@R[9BHM-:LY,^WG)G] M`:_3.$X_\)53U?Y(^*S]WQT7Y+\V?TUYSTHJ#3;@75G'(N2'0,#Z\5/7Y>?= M!1110`4444`%%%%`!1110!GZ+_R$M7_Z^U_]$0UH5GZ+_P`A+5_^OM?_`$1# M6A0`5XU^V)^Q-X,_;2^'KZ+XKT^(WL$;_P!FZI$N+O3)&Q\\;>A(&5.017LM M!`/4=*NG5G3DITW9K9HSJTXU(N$U=,_#K]H+_@A?\8_A-JD[^'(+/QSI0R4E MLY?*N2/]J)SUQZ$BOFRZT/XI_LN^)V(MO&G@?5+?K+%]ILV'/3>A`(_$BOZ5 MFA5\9&<55OO#]CJBE;JSMKD'C$L2O_,5]CAN-<2H\N(IJ?Y_/H?.5>&*+DY4 MI.)_._9_\%,OCWIL*PQ?%GQD-HX\R^\YC^+@G]:NP?M"?M'_`+33?V3:>*?B MAXGCNQY;6UM_V&+/_`*#6GIWAG3M' M4+:6-I:J.T,2QC]!5/BR@M886*?R_P`D0N':KTE7=OG_`)GXM?LU?\$)OBM\ M7]:@O/',L/@S1R0\GGR">^D7/($8.%)'.6-?K5^S-^RUX/\`V3OAO;^&/!VE MQ:?91$//+]Z>]EP`997/+L<`<]!@#`%>CB)5Q@`$4NP9SDYKP_MK_\$3S33"ISD9S7O9=Q)CL)%0C+F MBNCU/(QF2X:N^9JS[H_GC\'_`+2W[1'[&S+IEAKWCSPI;6;;%LKZ.26SBQR5 M6.=6C`R>P[UZKHG_``7I^/FCV0AN+WPKJ(\)7?/B,+&4 MN_\`2.2GDM>GI2KM+T_X)^,ME_P55_:X^/5ZEEX6>Y5[@[5&B>&T<@GC[\B. M!UZY%=CI?[`W[8?[:$D5M\1_%6MZ3H3_`#NNMZF1$#C@_9H<`G_@(^M?K_8> M';#2D"VMG;6RCH(HU3^0JRL"J,`L/QK&?$BA_N="$'WM=FBR1S_WBK*7ELOU M/D[_`()]_P#!*#PM^PWJ/K.YLDNGOK.1UCB,\?*K7]OBU[1ONW^AZ,,&J=)4J#Y4NVOYGXU_\%`?&?[1G M_!02/1;`_!OQ/X;T#1F:X6R1#,US,W`D=F"XPN0`/6OFNW_X)U_'>QDBN8OA MGXKCDA<.CK`-R,#D$<]0:_HH$*J<@7 M6X>A5FZE2HV_1?Y'YQ_#3_@I/^T5\/O`6G:;XC_9T\0:Q?Z?`L$E_!))%]IV MJ`&*!&P3CG!Q7W#^S;\4-5^,_P`&M#\3:WX?N?"NIZI#YL^EW!)DM6R1M.0# MG`]!7KAL-.EI*HY*W5+]!U% M%%<1V!1110`4444`%%%%`&?HO_(2U?\`Z^U_]$0UH57LK#['_W,_C5B@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B ABB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`__9 ` end