John Ho - Mar 20, 2025 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role
Chief Executive Officer, Director
Signature
/s/ Kelly Rentzel, Attorney-in-fact for John Ho
Stock symbol
LSEA
Transactions as of
Mar 20, 2025
Transactions value $
$0
Form type
4
Date filed
3/24/2025, 04:30 PM
Previous filing
Mar 18, 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 +145K +29.17% $0.00 640K Mar 20, 2025 Direct F1, F2
holding LSEA Common Stock, par value $0.0001 25.1K Mar 20, 2025 By J & J Ho Family Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 144,578 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 84,000 RSUs previously granted under the 2020 Plan that will vest as to one-third on each of May 29, 2025, May 29, 2026, and May 29, 2027. Each RSU represents the right to receive one share of Common Stock.
F3 These shares are owned directly by J&J Ho Family Trust for which the Reporting Person serves as trustee.