Elias Farhat - 27 Jul 2021 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role
Director
Signature
/s/ Franco Tenerelli, as Attorney-in-fact
Issuer symbol
LSEA
Transactions as of
27 Jul 2021
Net transactions value
$0
Form type
4
Filing time
29 Jul 2021, 17:30:19 UTC
Previous filing
12 May 2021
Next filing
17 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSEA Common Stock, par value $0.0001 Award $0 +11,671 +823% $0.000000 13,089 27 Jul 2021 Direct F1
holding LSEA Common Stock, par value $0.0001 2,227,835 27 Jul 2021 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 11,671 restricted stock units ("RSUs") granted under the Landsea Homes Corporation 2020 Stock Incentive Plan. Each RSU represents the right to receive one share of the Issuer's common stock, par value $0.0001 per share. The RSUs will vest on January 1, 2022.
F2 Level Field Capital, LLC is the record holder of the securities reported herein. Level Field Partners, LLC is the managing member of Level Field Capital, LLC. Level Field Management, LLC is the managing member of Level Field Partners, LLC. Elias Farhat manages Level Field Management, LLC as one of its members. Mr. Farhat disclaims beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein.

Remarks:

Exhibit 24 - Power of Attorney