Rajinder Singh - 25 Jun 2025 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role
Director
Signature
/s/ Kelly Rentzel, Attorney-in-fact for Raj Singh
Issuer symbol
LSEA
Transactions as of
25 Jun 2025
Transactions value $
$0
Form type
4
Filing time
25 Jun 2025, 17:37:51 UTC
Previous filing
06 Jan 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Singh Rajinder Director C/O LANDSEA HOMES CORPORATION, 1717 MCKINNEY AVENUE, SUITE 1000, DALLAS /s/ Kelly Rentzel, Attorney-in-fact for Raj Singh 25 Jun 2025 0001965869

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSEA Common Stock, par value $0.0001 Disposed to Issuer -7.15K -100% 0 25 Jun 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Rajinder Singh is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Includes 7,153 unvested restricted stock units ("RSUs").
F2 Pursuant to that certain Agreement and Plan of Merger, dated as of May 12, 2025 (the "Merger Agreement"), by and among the Issuer, Lido Holdco, Inc. ("Parent") and Lido Merger Sub, Inc. ("Merger Sub") a wholly owned, direct subsidiary of Parent, on June 25, 2025, each share of the Issuer's Common Stock not previously tendered by the Reporting Person was cancelled and converted into the right to receive an amount in cash equal to $11.30 per share (the "Merger Consideration"). In addition, each RSU award was canceled and terminated and converted into the right to receive an amount in cash (without interest) equal to the product obtained by multiplying (x) the aggregate number of shares of common stock underlying such award immediately prior to the Effective Time (as defined in the Merger Agreement), by (y) the Merger Consideration.