Green Brick Partners, Inc.

Code

A

Shares

29,940

Price

$0.00

Footnotes

7

Reporting person serves as co-trustee with his spouse of a trust established for the benefit of his minor children. The Restricted Stock Units ("RSUs") convert into shares of Common Stock on a one-for-one basis upon vesting. These RSUs were granted under the Company's 2024 Omnibus Incentive Plan (the "Plan") and vest ratably on the first, second and third anniversary of the Grant Date (October 15, 2026). These RSUs were granted pursuant to the Company's Long-Term Incentive Program (the "LTIP") under the Plan and vest equally on the first, second and third anniversary of the Grant Date. The Performance Based Restricted Stock Units ("PSUs") convert into shares of Common Stock on a one-for-one basis upon vesting. These PSUs were granted pursuant to the Company's LTIP and are earned in four segments, (1) 16.66% are earned based on performance during the first year, (2) 16.67% are earned based on performance during each of the second and third years and (3) 50% are earned based on the Company's three-year performance. The PSUs in each segment can be earned between 50% and 200% based on the Company's performance, provided that the Company's performance exceeds the threshold performance level. Once earned, the PSUs vest on the third anniversary of the Grant Date. These PSUs were granted pursuant to the Company's LTIP and are earned between 50% and 200% based on the Company's performance, provided that the Company's performance exceeds the threshold performance level. Once earned, the PSUs vest on the third anniversary of the Grant Date.