Singh Rajinder 4
4 · Landsea Homes Corp · Filed Jun 25, 2025
Insider Transaction Report
Form 4
Singh Rajinder
Director
Transactions
- Disposition to Issuer
Common Stock, par value $0.0001
2025-06-25−7,153→ 0 total
Footnotes (2)
- [F1]Includes 7,153 unvested restricted stock units ("RSUs").
- [F2]Pursuant to that certain Agreement and Plan of Merger, dated as of May 12, 2025 (the "Merger Agreement"), by and among the Issuer, Lido Holdco, Inc. ("Parent") and Lido Merger Sub, Inc. ("Merger Sub") a wholly owned, direct subsidiary of Parent, 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 $11.30 per share (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.