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

Role: CFO and Treasurer
Signature: /s/ Charles Michael Merdian
Issuer symbol: LGIH
Transactions as of: 31 Dec 2021
Net transactions value: +$12,911
Form type: 5
Filing time: 28 Jan 2022, 17:35:27 UTC
Previous filing: 28 Jan 2022
Next filing: 17 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LGIH	Common Stock	Award	$8,884	+70	+0.06%	$126.91	115,631	31 Mar 2021	Direct	F1
transaction	LGIH	Common Stock	Award	$1,376	+10	+0.01%	$137.65	115,641	30 Jun 2021	Direct	F2
transaction	LGIH	Common Stock	Award	$1,206	+10	+0.01%	$120.62	115,651	30 Sep 2021	Direct	F3
transaction	LGIH	Common Stock	Award	$1,444	+11	+0.01%	$131.31	115,662	31 Dec 2021	Direct	F4
transaction	LGIH	Common Stock	Gift	$0	+13,174		$0.000000	13,174	20 Dec 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.