Trent Schreiner - Mar 24, 2022 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role
SVP of Accounting and CAO
Signature
/s/ Franco Tenerelli, Attorney-in-fact for Trent Schreiner
Stock symbol
LSEA
Transactions as of
Mar 24, 2022
Transactions value $
$0
Form type
4
Date filed
3/28/2022, 07:20 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LSEA Stock Option (Right to Buy) Award $0 +26.7K $0.00 26.7K Mar 24, 2022 Common Stock 26.7K $8.63 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a stock option granted under the Landsea Homes Corporation 2020 Stock Incentive Plan, which vests as follows: (i) 33% on the first anniversary of the grant date, (ii) 33% on December 31, 2023, and (iii) 33% on December 31, 2024.