Landsea Holdings Corp - Jun 15, 2023 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role
10%+ Owner
Signature
/s/ Qin Zhou
Stock symbol
LSEA
Transactions as of
Jun 15, 2023
Transactions value $
-$22,173,915
Form type
4
Date filed
6/20/2023, 06:52 PM
Previous filing
Jun 14, 2022
Next filing
Jun 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSEA Common Stock Sale -$22.2M -2.96M -12.78% $7.50 20.2M Jun 15, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were disposed of in connection with the underwritten secondary offering of shares by Landsea Holdings Corporation ("Landsea Holdings"), pursuant to the terms of an underwriting agreement dated June 12, 2023, entered into by Landsea Homes Corporation, Landsea Holdings as the selling stockholder and B. Riley Securities, Inc., as representative of the several underwriters named therein.