Landsea Holdings Corp - Jun 21, 2023 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role: 10%+ Owner
Signature: /s/ Qin Zhou
Stock symbol: LSEA
Transactions as of: Jun 21, 2023
Transactions value $: -$3,326,085
Form type: 4
Date filed: 6/23/2023, 04:47 PM
Previous filing: Jun 20, 2023
Next filing: Mar 8, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LSEA	Common Stock	Sale	-$3.33M	-443K	-2.2%	$7.50	19.7M	Jun 21, 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 full exercise of the underwriters' option to purchase additional shares in the secondary offering 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.

Content

Shares were disposed of in connection with the full exercise of the underwriters' option to purchase additional shares in the secondary offering 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.