Filing Details

Accession Number:
0001493152-20-022938
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-04 12:52:44
Reporting Period:
2020-12-02
Accepted Time:
2020-12-04 12:52:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1784567 Harbor Custom Development Inc. HCDI Operative Builders (1531) 464827436
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1811633 Sterling Griffin 11505 Burnham Drive, Suite 301
Gig Harbor, WA 98332
President/Ceo Yes Yes No 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, No Par Value Disposition 2020-12-02 82,826 $4.59 2,734,957 No 4 S Indirect By Olympic Views, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Olympic Views, LLC
Footnotes
  1. Olympic Views, LLC ("Olympic") owns 82,826 shares of common stock (the "Shares") of Harbor Custom Development, Inc. (the"Company"). By virtue of Mr. Griffin's 50% ownership interest in Olympic, Mr. Griffin was the beneficial owner of Olympic's Shares. Mr.Griffin sold 100% of his membership interests in Olympic to his partner thereby divesting himself of the Shares. The sale price for themembership interests in Olympic was comprised of the conveyance of certain real property (valued at $35,000) and a $155,000 promissorynote with 4% interest and five-year term.