Landsea Holdings Corp - Mar 8, 2024 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role: 10%+ Owner
Signature: /s/ Qin Zhou
Stock symbol: LSEA
Transactions as of: Mar 8, 2024
Transactions value $: -$32,480,000
Form type: 4
Date filed: 3/8/2024, 03:55 PM
Previous filing: Jun 23, 2023
Next filing: May 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LSEA	Common Stock	Sale	-$32.5M	-2.8M	-14.18%	$11.60	16.9M	Mar 8, 2024	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 an aggregate of 2,800,000 shares of Landsea Homes Corporation's common stock by Landsea Holdings Corporation ("Landsea Holdings"), pursuant to the terms of an underwriting agreement dated March 5, 2024, entered into by Landsea Homes Corporation, Landsea Holdings as the selling stockholder, and B. Riley Securities, Inc. and BofA Securities, as representatives of the several underwriters named therein. The secondary offering closed on March 8, 2024.

Content

Shares were disposed of in connection with the underwritten secondary offering of an aggregate of 2,800,000 shares of Landsea Homes Corporation's common stock by Landsea Holdings Corporation ("Landsea Holdings"), pursuant to the terms of an underwriting agreement dated March 5, 2024, entered into by Landsea Homes Corporation, Landsea Holdings as the selling stockholder, and B. Riley Securities, Inc. and BofA Securities, as representatives of the several underwriters named therein. The secondary offering closed on March 8, 2024.