Landsea Holdings Corp - Jun 20, 2024 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role
10%+ Owner
Signature
/s/ Qin Zhou
Stock symbol
LSEA
Transactions as of
Jun 20, 2024
Transactions value $
-$4,288,500
Form type
4
Date filed
6/24/2024, 04:44 PM
Previous filing
Jun 5, 2024
Next filing
Sep 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSEA Common Stock Sale -$4.29M -450K -3.54% $9.53 12.3M Jun 20, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Landsea Holdings Corporation ("Landsea Holdings") entered into that certain Stock Purchase Agreement dated June 17, 2024 with Chao Liu, pursuant to which Landsea Holdings transferred 150,000 shares of the Issuer's Common Stock held by it to Chao Liu on June 20, 2024 at the price of $9.53 per share, determined based on the closing price of the Issuer's Common Stock on June 14, 2024. Landsea Holdings entered into that certain Stock Purchase Agreement dated June 17, 2024 with Xiao Ning Liu, pursuant to which Landsea Holdings transferred 150,000 shares of the Issuer's Common Stock held by it to Xiao Ning Liu on June 20, 2024 at the price of $9.53 per share. Landsea Holdings also entered into that certain Stock Purchase Agreement dated June 17, 2024 with Wan Kian Chong, pursuant to which Landsea Holdings transferred 150,000 shares of the Issuer's Common Stock held by it to Wan Kian Chong on June 20, 2024 at the price of $9.53 per share.