BRUCE D. FRANK - 21 Jun 2023 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role: Director
Signature: Franco Tenerelli, as Attorney-in-fact for Bruce Frank
Issuer symbol: LSEA
Transactions as of: 21 Jun 2023
Transactions value $: $0
Form type: 4
Filing time: 23 Jun 2023, 11:14:21 UTC
Previous filing: 16 Mar 2023
Next filing: 11 Sep 2023
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	+13,540	+37%	$0	50,268	21 Jun 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents 13,540 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 the earlier to occur of (i) June 21, 2024 or (ii) the Issuer's next annual meeting of stockholders, in each case, so long as the Reporting Person remains continuously providing services to the Issuer or its subsidiaries through such vesting date.

Content

Represents 13,540 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 the earlier to occur of (i) June 21, 2024 or (ii) the Issuer's next annual meeting of stockholders, in each case, so long as the Reporting Person remains continuously providing services to the Issuer or its subsidiaries through such vesting date.