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

Role
Director
Signature
/s/Kelly Rentzel, Attorney-in-fact for Thomas Hartfield
Stock symbol
LSEA
Transactions as of
Mar 8, 2024
Transactions value $
$29,998
Form type
4
Date filed
3/8/2024, 09:40 PM
Previous filing
Jun 23, 2023
Next filing
Jun 20, 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 $30K +2.59K +4.43% $11.60 61K Mar 8, 2024 Direct F1, F2
* 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 2,586 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 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.