LANDSEA HOLDINGS CORP - 01 Jun 2022 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role
Chief Executive Officer, 10%+ Owner
Signature
/s/ Qin Zhou
Issuer symbol
LSEA
Transactions as of
01 Jun 2022
Net transactions value
-$74,999,996
Form type
4
Filing time
02 Jun 2022, 14:48:18 UTC
Next filing
14 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSEA Common Stock Sale $45,000,003 -4,838,710 -15% $9.30 28,039,555 01 Jun 2022 Direct F1
transaction LSEA Common Stock Sale $29,999,993 -4,398,826 -16% $6.82 23,640,729 02 Jun 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were disposed of pursuant to the Stock Purchase Agreement, dated May 31, 2022 between Landsea Holdings Corporation (the "Seller") and Green Investment Alpha Limited (the "Purchaser").
F2 Shares were disposed of pursuant to the Shares Repurchase Agreement, dated June 1, 2022 between Landsea Holdings Corporation and Landsea Homes Corporation.