Robert D. Bates - Nov 30, 2021 Form 4 Insider Report for Legacy Housing Corp (LEGH)

Role
President and CEO
Signature
Robert Duncan Bates
Stock symbol
LEGH
Transactions as of
Nov 30, 2021
Transactions value $
$40,599,985
Form type
4
Date filed
7/22/2022, 05:46 PM
Previous filing
Sep 17, 2021
Next filing
Nov 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEGH Common Stock, par value $0.001 per share ("Common Stock") Award $0 +401 +59.5% $0.00 1.08K Nov 30, 2021 Direct F1
transaction LEGH Common Stock Award $0 +14.7K +1367.44% $0.00 15.8K Jun 7, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LEGH Incentive Stock Option Award $1M +62.5K $16.01 62.5K Jun 7, 2022 Common Stock 62.5K $16.01 Direct F3
transaction LEGH Incentive Stock Option Award $10.8M +300K $36.00 300K Jun 7, 2022 Common Stock 300K $36.00 Direct F3
transaction LEGH Incentive Stock Option Award $28.8M +600K $48.00 600K Jun 7, 2022 Common Stock 600K $48.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The acquired shares vest on October 4, 2022, subject to the Reporting Person's continuous service as a director or employee through and on such date.
F2 The shares of Common Stock vest in equal 50% increments on June 7, 2023 and June 7, 2024.
F3 The shares of Common Stock vest and become exercisable in equal annual 10% increments during the ten-year period commencing on June 7, 2022 and ending on June 7, 2032.