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

Role: Chief Executive Officer, Director
Signature: Franco Tenerelli, Attorney-in-fact for John Ho
Issuer symbol: LSEA
Transactions as of: 12 Aug 2022
Net transactions value: +$524
Form type: 4
Filing time: 12 Aug 2022, 18:49:31 UTC
Previous filing: 11 Aug 2022
Next filing: 17 Mar 2023
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	Purchase	$524	+76	+0.06%	$6.89	126,017	12 Aug 2022	By J & J Ho Family Trust	F1
holding	LSEA	Common Stock, par value $0.0001						391,222	12 Aug 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.

Content

These shares are owned directly by J & J Ho Family Trust for which the Reporting Person serves as trustee.

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.