Green Brick Partners, Inc. — Director's Dealing 2014

Nov 7, 2014

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Green Brick Partners, Inc. (GRBK)
CIK: 0001373670
Period of Report: 2014-10-27

Reporting Person: Third Point Reinsurance Co Ltd. (10% Owner)
Reporting Person: Third Point Reinsurance Ltd. (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.01 per share ("Common Stock")	311800	Direct

Footnotes

F1: The shares of Common Stock disclosed in this Form 3 are owned by Third Point Reinsurance Company Ltd. ("Third Point Re"), with respect to which Third Point LLC ("Third Point") is the investment manager. Daniel S. Loeb is the Chief Executive Officer of Third Point. Certain funds managed by Third Point (the "Funds") also own shares of Common Stock. By reason of the provisions of Rule 16a-1 under the Securities Exchange Act of 1934, as amended (the "Act"), Third Point Re may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by the Funds and/or Daniel S. Loeb. Third Point Re hereby disclaims beneficial ownership of any shares of Common Stock other than those which it directly holds, for purposes of Section 16 of the Act, and the rules promulgated thereunder or for any other purpose.

F2: Third Point Re is a direct, wholly owned subsidiary of Third Point Reinsurance Ltd. ("TPRE"), which may be deemed to share beneficial ownership of the shares of Common Stock owned by Third Point Re. TPRE hereby disclaims beneficial ownership of any securities held by (x) Third Point Re, except to the extent of any indirect pecuniary interest therein; and (y) the Funds, in each case, for purposes of Section 16 of the Act and the rules promulgated thereunder or for any other purpose.

F3: On July 15, 2014, Third Point, on behalf of the Funds, entered into a commitment agreement with Green Brick Partners, Inc. (f/k/a BioFuel Energy Corp.) (the "Issuer"), wherein Third Point agreed, among other things, to provide a backstop commitment to purchase unsubscribed shares of Common Stock in a rights offering by the Issuer to its stockholders, and the Issuer agreed to sell such unsubscribed shares of Common Stock to Third Point. Pursuant to such commitment agreement, certain of the Funds and Third Point Re purchased an aggregate of 1,857,704 shares of Common Stock on October 27, 2014. Prior to October 27, 2014, Third Point Re did not own any shares of Common Stock of the Issuer.