Dilliana Stewart - 30 Mar 2023 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role
Chief Accounting Officer
Signature
/s/ Franco Tenerelli, Attorney-in-fact for Dilliana Stewart
Issuer symbol
LSEA
Transactions as of
30 Mar 2023
Net transactions value
$0
Form type
4
Filing time
03 Apr 2023, 16:29:26 UTC
Previous filing
20 Dec 2022
Next filing
09 Apr 2024
SEC
View on sec.gov

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 +7,839 $0.000000 7,839 30 Mar 2023 Common Stock 7,839 $6.02 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, 2024, and (iii) 33% on December 31, 2025.