Curtis D. Hodgson - 05 Jan 2022 Form 4 Insider Report for Legacy Housing Corp (LEGH)

Signature
/s/ Curtis D. Hodgson
Issuer symbol
LEGH
Transactions as of
05 Jan 2022
Net transactions value
$0
Form type
4
Filing time
26 Jul 2022, 15:30:53 UTC
Previous filing
29 Oct 2021
Next filing
28 Sep 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 Award $0 +150,000 +8.1% $0.000000 2,007,817 05 Jan 2022 Direct F1, F2
transaction LEGH Common Stock Other $0 -140,000 -7% $0.000000 1,867,817 06 Jul 2022 Direct F3
transaction LEGH Common Stock Other $0 -60,000 -3.2% $0.000000 1,807,817 06 Jul 2022 Direct F4
holding LEGH Common Stock 1,000,000 05 Jan 2022 By Hodgson Ventures F5
holding LEGH Common Stock 2,770,594 05 Jan 2022 By Hodgson 2015 Grandchild's Trust F6
holding LEGH Common Stock 100,000 05 Jan 2022 By Cusach, Inc. F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 5, 2022, Mr. Hodgson and the Issuer entered into an Amended and Restated Employment Agreement whereby Mr. Hodgson was granted 150,000 shares of restricted stock. Such shares vested immediately upon the grant date.
F2 The amount of shares reported reflects an amended total amount of shares of Common Stock owned directly by Mr. Hodgson. On February 7, 2020, Mr. Hodgson filed a Form 5 to report a donation of 350,000 shares of Common Stock on December 30, 2019. Such donation of 350,000 shares of Common Stock was not reflected in Forms 4 filed after such Form 5 filing. The amount of shares of Common Stock owned directly by Mr. Hodgson now reflects the 350,000 shares of Common Stock that were donated on December 30, 2019.
F3 The 140,000 shares of Common Stock were disposed of pursuant to divorce proceedings.
F4 The 60,000 shares of Common Stock were disposed of pursuant to divorce proceedings.
F5 Shares of Common Stock owned directly by Hodgson Ventures, a Texas limited partnership ("Hodgson Ventrues"). Mr. Hodgson, as the general partner of Hodgson Ventrues, may be deemed to beneficially own the shares of Common Stock owned directly by Hodgson Ventures.
F6 Shares of Common Stock owned directly by Hodgson 2015 Grandchild's Trust ("Hodgson Trust"). Mr. Hodgson shares voting and investment power with respect to such shares and therefore may be deemed to benficially own the shares of Common Stock owned directly by the Hodgson Trust.
F7 Shares fo Common Stock owned directly by Cusach, Inc. ('Cusach"). Mr. Hodgson controls Cusach and therefore may be deemed to beneficially own the shares of Common Stock owned directly by Cusach.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney