LANDSEA HOLDINGS CORP - 10 Jun 2022 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role
10%+ Owner
Signature
/s/ Qin Zhou
Issuer symbol
LSEA
Transactions as of
10 Jun 2022
Net transactions value
-$6,600,000
Form type
4
Filing time
14 Jun 2022, 16:29:26 UTC
Previous filing
02 Jun 2022
Next filing
20 Jun 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LSEA Warrants to Purchase Common Stock Sale $6,600,000 -2,200,000 -100% $3.00 0 10 Jun 2022 Common Stock 2,200,000 $11.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Warrants were sold pursuant to the Private Placement Warrants Purchase Agreement, dated June 10, 2022, by and between Landsea Holdings Corporation (the "Holder") and Landsea Homes Corporation (the "Company").