Sec Form 4 Filing - Kenyon Robert @ Harbor Custom Development, Inc. - 2020-09-15

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Kenyon Robert 2. Issuer Name and Ticker or Trading Symbol Harbor Custom Development, Inc. [ HCDI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 11505 BURNHAM DRIVE, SUITE 301 3. Date of Earliest Transaction (MM/DD/YY) 09/15/2020 (Street) GIG HARBOR,, WA98332 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, no par value 09/15/2020 A 500 A $ 5.25 34,284 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Options $ 4.62 10/24/2020 A 20,000 ( 1 ) 10/24/2030 Common Stock, no par value 20,000 ( 1 ) 54,284 D Restricted Stock Units ( 3 ) 12/03/2020 A 5,000 ( 2 ) 12/03/2027 Common Stock, no par value 5,000 ( 2 ) 59,284 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Kenyon Robert 11505 BURNHAM DRIVE, SUITE 301 GIG HARBOR,, WA98332 X Signatures /s/ Robert Kenyon 01/06/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On October 24, 2020, Mr. Kenyon was granted 20,000 Incentive Stock Options pursuant to the Company's 2018 EquityIncentive Plan, whereby equal installments of 5,000 stock options vest on the last day of each calendar quarter, beginningon December 31, 2020. ( 2 )On December 3, 2020, Mr. Kenyon was granted 5,000 Restricted Stock Units ("RSUs") pursuant to the Company's 2020Restricted Stock Plan, whereby equal installments of 1,250 RSUs vest on the last day of each calendar quarter, beginning onDecember 31, 2020. ( 3 )Each RSU represents a contingent right to receive one share of common stock of the Company.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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