Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LSCC | Common Stock | Gift | $0 | -62.6K | -49.75% | $0.00 | 63.2K | May 25, 2023 | See Footnote (1)(2) | F1, F2 |
holding | LSCC | Common Stock | 38.7K | May 25, 2023 | Direct | F3 |
Id | Content |
---|---|
F1 | The Reporting Person's most recent Form 4, filed May 10, 2023, with a transaction date of May 8, 2023, reported 101,874 shares of Common Stock held directly following the transactions reported in such Form 4 (the "05/08/23 Shares"). Of the 05/08/23 Shares, 63,197 shares are held by Genesis Property, LLC ("Genesis LLC"), of which the Reporting Person was the sole member and manager. The outstanding membership interests of Genesis LLC are comprised of 100 Class A units and 9,900 Class B units. On May 25, 2023, the 9,900 Class B units held by Genesis LLC were transferred by gift to the Jensen Family 2023 Irrevocable Trust (the "Trust"), for the benefit of the Reporting Person's spouse and descendants. For SEC purposes only, 62,565 of the 05/08/23 Shares are attributable to the Class B units of Genesis LLC and, therefore, the Trust has an interest in such 62,565 shares. (continued in footnote 2) |
F2 | (continued from footnote 1) For SEC purposes only, the Reporting Person disclaims beneficial ownership of such 62,565 shares except to the extent of his pecuniary interest therein. The Reporting Person has the power to vote and dispose of all shares held by Genesis LLC and the Reporting Person has included all such shares as indirectly held in Column 6 of this Form 4. |
F3 | 38,677 of the of the 05/08/23 Shares are held directly by the Reporting Person. |