4//SEC Filing
PORTER CHRISTOPHER T 4
Accession 0000950170-25-052297
CIK 0001721386other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 9:45 PM ET
Size
5.9 KB
Accession
0000950170-25-052297
Insider Transaction Report
Form 4
PORTER CHRISTOPHER T
Chief Financial Officer
Transactions
- Tax Payment
Common Stock, par value $0.0001
2025-04-06$6.25/sh−2,154$13,463→ 106,031 total
Footnotes (2)
- [F1]In connection with the vesting and settlement of restricted stock units ("RSUs") previously granted under the Landsea Homes Corporation 2020 Stock Incentive Plan (the "2020 Plan") on April 6, 2022 and July 26, 2023, the Issuer withheld shares of the Issuer's common stock, par value $0.0001 per share (the "Common Stock") to satisfy its tax withholding obligations. The number of shares withheld was based on the closing price per share on April 4, 2025. The withholding of vested shares was approved by the Board of Directors of the Issuer.
- [F2]Includes (i) 4,178 RSUs previously granted under the 2020 Plan that will vest on April 6, 2026, (ii) 11,160 RSUs previously granted under the 2020 Plan that will vest as to one-third on each of July 30, 2025, July 30, 2026, and July 30, 2027, and (iii) 24,096 RSUs previously granted under the 2020 Plan that will vest as to one-third on each of February 26, 2026, February 26, 2027, and February 26, 2028, so long as the Reporting Person remains continuously providing services to the Issuer or its subsidiaries through such vesting date. Each RSU represents the right to receive one share of Common Stock.
Documents
Issuer
Landsea Homes Corp
CIK 0001721386
Entity typeother
Related Parties
1- filerCIK 0001184168
Filing Metadata
- Form type
- 4
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 9:45 PM ET
- Size
- 5.9 KB