Filing Details

Accession Number:
0000902691-12-000012
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-08-17 15:22:29
Reporting Period:
2012-08-16
Filing Date:
2012-08-17
Accepted Time:
2012-08-17 15:22:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
773141 Mdc Holdings Inc MDC Operative Builders (1531) 840622967
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
902691 A Larry Mizel 4350 S. Monaco Street
Suite 500
Denver CO 80237
Chairman Of The Board And Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock $.01 Par Value Acquisiton 2012-08-16 75,000 $21.39 255,000 No 4 M Direct
Common Stock $.01 Par Value Disposition 2012-08-16 30,662 $32.65 224,338 No 4 S Direct
Common Stock $.01 Par Value Disposition 2012-08-16 44,338 $33.36 180,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock $.01 Par Value Non-Statutory Stock Option (right to buy) Disposition 2012-08-16 75,000 $0.00 75,000 $21.39
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
46,625 2005-11-18 2012-11-18 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock $.01 Par Value 5,012,737 Indirect By Ari Capital Partners, LLLP
Common Stock $.01 Par Value 3,507 Indirect By 401(k)
Common Stock $.01 Par Value 1,362,214 Indirect By CGM Capital, LLLP
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.10 to $33.09, inclusive. The reporting person undertakes to provide to M.D.C. Holdings, Inc., any security holder of M.D.C. Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.10 to $33.73, inclusive. The reporting person undertakes to provide to M.D.C. Holdings, Inc., any security holder of M.D.C. Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  3. Reporting Person may be deemed to have beneficial ownership of the shares held by ARI Capital Partners, LLLP ("Ari Capital"). The sole general partner of Ari Capital is CVentures, Inc. ("CVentures"), a corporation, which has approximately a 1% partnership interest in Ari Capital. Reporting Person is the beneficiary of various trusts which own 50.6885% of the stock of CVentures. Also, Reporting Person is a director and president of CVentures and may be deemed to control the other 49.3115% of the common stock of CVentures. A trust, of which Reporting Person is the sole beneficiary, is the sole limited partner of Ari Capital, and has approximately a 99% partnership interest in Ari Capital. Reporting Person and Reporting Person's spouse are trustees of the trust.
  4. Shares are held in Reporting Person's 401(k) Savings Plan account which changes on a daily basis.
  5. Reporting Person may be deemd to have beneficial ownership of these shares held by CGM Capital LLLP ("CGM Capital"). The general partner of CGM Capital is CVentures, Inc. ("CVentures"), and has a 1% equity interest in CGM Capital. A trust, of which Reporting Person's spouse is the sole beneficiary, is the limited partner of CGM Capital, and has a 99% equity interest in CGM Capital. Reporting Person is a trustee of this trust.
  6. This option, under the Company's 2001 Equity Incentive Plan, became exercisable as to 25% of the shares covered thereby on November 18, 2005 and as to 75% of the shares covered thereby on November 18, 2006.