Bruce Frank - Mar 8, 2024 Form 4/A Insider Report for Landsea Homes Corp (LSEA)

Role
Director
Signature
/s/ C. Kelly Rentzel
Stock symbol
LSEA
Transactions as of
Mar 8, 2024
Transactions value $
$24,998
Form type
4/A
Date filed
4/4/2024, 06:23 PM
Date Of Original Report
Mar 8, 2024
Previous filing
Jan 31, 2024
Next filing
Jun 13, 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 $25K +2.16K +4.29% $11.60 52.4K Mar 8, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amendment is being filed solely to attach the power of attorney, which was inadvertently omitted in the original filing. This amendment does not reflect transactions or vesting occurring after the date of the original filing.
F2 On March 8, 2024, the Reporting Person purchased 2,155 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.
F3 Includes 13,540 restricted stock units ("RSUs") granted under the Landsea Homes Corporation 2020 Stock Incentive Plan. Each RSU represents the right to receive one share of the Issuer's common stock, par value $0.0001 per share. The RSUs will vest on the earlier to occur of (i) June 21, 2024 or (ii) the Issuer's next annual meeting of stockholders, in each case, so long as the Reporting Person remains continuously providing services to the Issuer or its subsidiaries through such vesting date.

Remarks:

Exhibit 24 - Power of Attorney