John Ho - Aug 12, 2022 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Signature
Franco Tenerelli, Attorney-in-fact for John Ho
Stock symbol
LSEA
Transactions as of
Aug 12, 2022
Transactions value $
$524
Form type
4
Date filed
8/12/2022, 06:49 PM
Previous filing
Aug 11, 2022
Next filing
Mar 17, 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 $524 +76 +0.06% $6.89 126K Aug 12, 2022 By J & J Ho Family Trust F1
holding LSEA Common Stock, par value $0.0001 391K Aug 12, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are owned directly by J & J Ho Family Trust for which the Reporting Person serves as trustee.
F2 Includes (i) 165,746 RSUs previously granted under the Landsea Homes Corporation 2020 Stock Incentive Plan (the "2020 Plan"), 41,436 of which will vest on March 15, 2023, 62,155 will vest on March 15, 2024 and the remaining 62,155 will vest on March 15, 2025 and (ii) 43,971 RSUs previously granted under the 2020 Plan that will vest as to one-half on each of April 19, 2023 and April 19, 2024. Each RSU represents the right to receive one share of Common Stock.