Charles Merdian - Dec 31, 2021 Form 5 Insider Report for LGI Homes, Inc. (LGIH)

Role
CFO and Treasurer
Signature
/s/ Charles Michael Merdian
Stock symbol
LGIH
Transactions as of
Dec 31, 2021
Transactions value $
$12,911
Form type
5
Date filed
1/28/2022, 05:35 PM
Previous filing
Jan 28, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGIH Common Stock Award $8.88K +70 +0.06% $126.91 116K Mar 31, 2021 Direct F1
transaction LGIH Common Stock Award $1.38K +10 +0.01% $137.65 116K Jun 30, 2021 Direct F2
transaction LGIH Common Stock Award $1.21K +10 +0.01% $120.62 116K Sep 30, 2021 Direct F3
transaction LGIH Common Stock Award $1.44K +11 +0.01% $131.31 116K Dec 31, 2021 Direct F4
transaction LGIH Common Stock Gift $0 +13.2K $0.00 13.2K Dec 20, 2021 By Charles Merdian 2021 Trust F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is voluntarily reporting the acquisition of the Issuer's common stock pursuant to the LGI Homes, Inc. Employee Stock Purchase Program ("ESPP"), for the ESPP purchase period of January 1, 2021 through March 31, 2021. This transaction is also exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased based on 85% of the closing stock price on March 31, 2021, the last trading day of the purchase period.
F2 The reporting person is voluntarily reporting the acquisition of the Issuer's common stock pursuant to the ESPP, for the ESPP purchase period of April 1, 2021 through June 30, 2021. This transaction is also exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased based on 85% of the closing stock price on June 30, 2021, the last trading day of the purchase period.
F3 The reporting person is voluntarily reporting the acquisition of the Issuer's common stock pursuant to the ESPP, for the ESPP purchase period of July 1, 2021 through September 30, 2021. This transaction is also exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased based on 85% of the closing stock price on September 30, 2021, the last trading day of the purchase period.
F4 The reporting person is voluntarily reporting the acquisition of the Issuer's common stock pursuant to the ESPP, for the ESPP purchase period of October 1, 2021 through December 31, 2021. This transaction is also exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased based on 85% of the closing stock price on December 31, 2021, the last trading day of the purchase period.
F5 On December 20, 2021, the Charles Merdian 2021 Trust was formed, the Reporting Person was appointed the trustee of such Trust and the settlor of such Trust contributed 13,174 shares of the Issuer's common stock to such Trust.