Filing Details

Accession Number:
0001731122-23-001140
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-06-14 21:54:36
Reporting Period:
2023-06-12
Accepted Time:
2023-06-14 21:54:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1721386 Landsea Homes Corp LSEA Operative Builders (1531) 822196021
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1839954 John Ho C/O Landsea Homes Corporation
1717 Mckinney Avenue, Suite 1000
Dallas TX 75202
Chief Executive Officer Yes Yes No 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, Par Value $0.0001 Acquisiton 2023-06-12 40,000 $7.50 442,604 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.0001 25,082 Indirect By J & J Ho Family Trust
Footnotes
  1. On June 12, 2023, the Reporting Person agreed to purchase 40,000 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 $7.50 per share. The purchase is expected to close on June 15, 2023.
  2. 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.
  3. These shares are owned directly by J & J Ho Family Trust for which the Reporting Person serves as trustee.