CHRISTOPHER PORTER - 20 Mar 2025 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role: Chief Financial Officer
Signature: /s/ Kelly Rentzel, Attorney-in-fact for Christopher T Porter
Issuer symbol: LSEA
Transactions as of: 20 Mar 2025
Net transactions value: $0
Form type: 4
Filing time: 24 Mar 2025, 16:30:17 UTC
Previous filing: 05 Aug 2024
Next filing: 08 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LSEA	Common Stock, par value $0.0001	Award	$0	+24,096	+29%	$0.000000	108,185	20 Mar 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 24,096 restricted stock units ("RSUs") granted under the Landsea Homes Corporation 2020 Stock Incentive Plan (the "2020 Plan"). Each RSU represents the right to receive one share of the Issuer's common stock, par value $0.0001 per share ("Common Stock"). The RSUs will vest as to one-third on each of the first, second and third anniversaries of February 26, 2025, in each case, so long as the Reporting Person remains continuously providing services to the Issuer or its subsidiaries through such vesting date.
F2	Includes (i) 4,673 RSUs previously granted under the 2020 Plan that will vest on April 6, 2025, (ii) 8,356 RSUs previously granted under the 2020 Plan that will vest as to one-half on each of April 6, 2025 and April 6, 2026, and (iii) 11,160 RSUs previously granted under the 2020 Plan that will vest as to one-third on each of July 30, 2025, July 30, 2026, and July 30, 2027 so long as the Reporting Person remains continuously providing services to the Issuer or its subsidiaries through such vesting date. Each RSU represents the right to receive one share of Common Stock.

Content

Represents 24,096 restricted stock units ("RSUs") granted under the Landsea Homes Corporation 2020 Stock Incentive Plan (the "2020 Plan"). Each RSU represents the right to receive one share of the Issuer's common stock, par value $0.0001 per share ("Common Stock"). The RSUs will vest as to one-third on each of the first, second and third anniversaries of February 26, 2025, in each case, so long as the Reporting Person remains continuously providing services to the Issuer or its subsidiaries through such vesting date.

Includes (i) 4,673 RSUs previously granted under the 2020 Plan that will vest on April 6, 2025, (ii) 8,356 RSUs previously granted under the 2020 Plan that will vest as to one-half on each of April 6, 2025 and April 6, 2026, and (iii) 11,160 RSUs previously granted under the 2020 Plan that will vest as to one-third on each of July 30, 2025, July 30, 2026, and July 30, 2027 so long as the Reporting Person remains continuously providing services to the Issuer or its subsidiaries through such vesting date. Each RSU represents the right to receive one share of Common Stock.