Elias Farhat - Nov 23, 2021 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role
Director
Signature
/s/ Franco Tenerelli, as Attorney-in-fact
Stock symbol
LSEA
Transactions as of
Nov 23, 2021
Transactions value $
$41,350
Form type
4
Date filed
11/24/2021, 11:13 AM
Previous filing
Aug 17, 2021
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSEA Common Stock, par value $0.0001 Purchase $41.4K +5K +21.66% $8.27 28.1K Nov 23, 2021 Direct F1, F2
holding LSEA Common Stock, par value $0.0001 2.23M Nov 23, 2021 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $8.20 to $8.30. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 Includes 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.
F3 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.