LANDSEA HOLDINGS CORP - 15 Jun 2023 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role
10%+ Owner
Signature
/s/ Qin Zhou
Issuer symbol
LSEA
Transactions as of
15 Jun 2023
Net transactions value
-$22,173,915
Form type
4
Filing time
20 Jun 2023, 18:52:52 UTC
Previous filing
14 Jun 2022
Next filing
23 Jun 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 Sale $22,173,915 -2,956,522 -13% $7.50 20,184,207 15 Jun 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.