4//SEC Filing
PORTER CHRISTOPHER T 4
Accession 0001140361-25-023689
CIK 0001721386other
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 5:37 PM ET
Size
7.2 KB
Accession
0001140361-25-023689
Insider Transaction Report
Form 4
PORTER CHRISTOPHER T
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock, par value $0.0001
2025-06-25−39,434→ 0 total - Disposition from Tender
Common Stock, par value $0.0001
2025-06-24$11.30/sh−66,597$752,546→ 39,434 total
Footnotes (3)
- [F1]Represents securities tendered to Lido Merger Sub, Inc. ("Merger Sub"), a wholly owned, direct subsidiary of Lido Holdco, Inc. ("Parent"), at a price of $11.30 per share (the "Offer Price").
- [F2]Includes 39,434 unvested restricted stock units ("RSUs").
- [F3]Pursuant to that certain Agreement and Plan of Merger, dated as of May 12, 2025 (the "Merger Agreement"), by and among the Issuer, Parent and Merger Sub, on June 25, 2025, each share of the Issuer's Common Stock not previously tendered by the Reporting Person was cancelled and converted into the right to receive an amount in cash equal to the Offer Price (the "Merger Consideration"). In addition, each RSU award was canceled and terminated and converted into the right to receive an amount in cash (without interest) equal to the product obtained by multiplying (x) the aggregate number of shares of common stock underlying such award immediately prior to the Effective Time (as defined in the Merger Agreement), by (y) the Merger Consideration.
Documents
Issuer
Landsea Homes Corp
CIK 0001721386
Entity typeother
Related Parties
1- filerCIK 0001184168
Filing Metadata
- Form type
- 4
- Filed
- Jun 24, 8:00 PM ET
- Accepted
- Jun 25, 5:37 PM ET
- Size
- 7.2 KB