Scott Reed - 11 Aug 2021 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role
Director
Signature
/s/ Franco Tenerelli, as Attorney-in-fact
Issuer symbol
LSEA
Transactions as of
11 Aug 2021
Transactions value $
$125,685
Form type
4
Filing time
13 Aug 2021, 16:08:16 UTC
Previous filing
09 Aug 2021
Next filing
08 Sep 2021
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 Purchase $13,560 +1,500 +5.96% $9.04 26,671 11 Aug 2021 Direct F1
transaction LSEA Common Stock, par value $0.0001 Purchase $112,125 +12,500 +46.87% $8.97 39,171 12 Aug 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 11,671 restricted stock units ("RSUs") granted under the Landsea Homes Corporation 2020 Stock Incentive Plan. Each RSU represents the right to receive one share of the Issuer's common stock, par value $0.0001 per share. The RSUs will vest on January 1, 2022.
F2 This transaction was executed in multiple trades at prices ranging from $8.95 to $9.01. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.