Filing Details
- Accession Number:
- 0001446472-15-000012
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-07-20 09:47:08
- Reporting Period:
- 2015-07-16
- Filing Date:
- 2015-07-20
- Accepted Time:
- 2015-07-20 09:47:08
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1580670 | Lgi Homes Inc. | LGIH | Operative Builders (1531) | 463088013 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1524712 | E Thomas Lipar | 15257 Runneymede Street Conroe TX 77384 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2015-07-16 | 11,918 | $18.85 | 1,275,632 | No | 4 | S | Direct | |
Common Stock | Disposition | 2015-07-17 | 24,982 | $18.44 | 1,250,650 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 238,723 | Indirect | By RE Finance Partners, Ltd. |
Common Stock | 450,000 | Indirect | By Paragon Living Trust |
Footnotes
- The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Lipar on May 27, 2015.
- The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.67 to $19.03. Mr. Lipar undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
- The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.16 to $18.62.
- Mr. Lipar disclaims beneficial ownership in 179,042 shares attributable to limited partnership interests owned by other partners in the partnership.
- On June 29, 2015, Mr. Lipar transferred 450,000 directly owned shares of common stock of the issuer to the Paragon Living Trust, of which Mr. Lipar and his wife are trustees and beneficiaries.