| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LSEA | Common Stock, par value $0.0001 | Tax liability | -$67.3K | -10.9K | -2.64% | $6.17 | 403K | Apr 19, 2023 | Direct | F1, F2 |
| holding | LSEA | Common Stock, par value $0.0001 | 25.1K | Apr 19, 2023 | By J & J Ho Family Trust | F3 |
| Id | Content |
|---|---|
| F1 | 21,985 restricted stock units ("RSUs") previously granted under the Landsea Homes Corporation 2020 Stock Incentive Plan (the "2020 Plan") vested on April 19, 2023. In connection with the vesting and settlement of such RSUs, the Issuer withheld shares of Common Stock to satisfy its tax withholding obligations. The number of shares withheld was based on the closing price per share on April 19, 2023. The withholding of vested shares was approved by the Board of the Directors of the Issuer. |
| F2 | Includes (i) 124,309 RSUs previously granted under the 2020 Plan that will vest as to one-half on each of March 15, 2024 and March 15, 2025 and (ii) 21,986 RSUs previously granted under the 2020 Plan that will vest on April 19, 2024. Each RSU represents the right to receive one share of Common Stock. |
| F3 | These shares are owned directly by J&J Ho Family Trust for which the Reporting Person serves as trustee. |