0001437749-21-012917.txt : 20210520 0001437749-21-012917.hdr.sgml : 20210520 20210520162024 ACCESSION NUMBER: 0001437749-21-012917 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210518 FILED AS OF DATE: 20210520 DATE AS OF CHANGE: 20210520 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stelmar Wayne CENTRAL INDEX KEY: 0001598111 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36283 FILM NUMBER: 21944781 MAIL ADDRESS: STREET 1: THE NEW HOME COMPANY STREET 2: 95 ENTERPRISE, SUITE 325 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: 6730 N SCOTTSDALE RD. STREET 2: SUITE 290 CITY: SCOTTSDALE STATE: AZ ZIP: 85253 BUSINESS PHONE: 6027671426 MAIL ADDRESS: STREET 1: 6730 N SCOTTSDALE RD. STREET 2: SUITE 290 CITY: SCOTTSDALE STATE: AZ ZIP: 85253 FORMER COMPANY: FORMER CONFORMED NAME: New Home Co LLC DATE OF NAME CHANGE: 20130417 4 1 rdgdoc.xml FORM 4 X0306 4 2021-05-18 0001574596 New Home Co Inc. NWHM 0001598111 Stelmar Wayne C/O THE NEW HOME COMPANY INC. 15231 LAGUNA CANYON RD, SUITE 250 IRVINE CA 92618 1 1 See "Remarks" below. Common Stock 2021-05-18 4 A 0 9917 0 A 115472 D Common Stock 739672 I By Trust Represents restricted stock units which vest on the earlier of the (i) first anniversary of the grant date and (ii) the date of next annual meeting of the Company's stockholders, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date; provided that the shares subject to the restricted stock units will not be delivered until the 30th day following the date of the Reporting Person's "separation from service" from the Company within the meaning of Section 409(a)(2)(A)(i) of the Internal Revenue Code. The restricted stock units convert into common stock on a one-for-one basis. By W. and L. Stelmar Trust (of which Mr. Stelmar is a trustee) The Reporting Person is a party to an Investor Rights Agreement dated February 5, 2014 and amended on May 22, 2018 and May 6, 2020 (as amended, the "IRA"). The current parties to the IRA are Wayne Stelmar, Joseph Davis, 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, the amendment was filed as Exhibit 10.1 of the Company's Current Report on Form 8-K dated May 22, 2018 and the second amendment was filed as Exhibit 4.4 of the Company's Quarterly Report on Form 10-Q dated May 8, 2020. 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 Wayne Stelmar 2021-05-20