John Ho - Mar 8, 2024 Form 4 Insider Report for Landsea Homes Corp (LSEA)

Role
Chief Executive Officer, Director
Signature
/s/Kelly Rentzel, Attorney-in-fact for John Ho
Stock symbol
LSEA
Transactions as of
Mar 8, 2024
Transactions value $
$199,996
Form type
4
Date filed
3/8/2024, 09:40 PM
Previous filing
Jun 14, 2023
Next filing
Mar 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSEA Common Stock, par value $0.0001 Purchase $200K +17.2K +3.9% $11.60 460K Mar 8, 2024 Direct F1, F2
holding LSEA Common Stock, par value $0.0001 25.1K Mar 8, 2024 By J & J Ho Family Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 8, 2024, the Reporting Person purchased 17,241 shares of Common Stock through participation as an investor in an underwritten public offering by Landsea Holdings Corporation, the issuer's largest stockholder, at the offering price of $11.60 per share.
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.