4//SEC Filing
Forsum Michael 4
Accession 0001731122-23-000403
CIK 0001721386other
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 7:26 PM ET
Size
5.6 KB
Accession
0001731122-23-000403
Insider Transaction Report
Form 4
Forsum Michael
President and COO
Transactions
- Tax Payment
Common Stock, par value $0.0001
2023-03-15$6.52/sh−18,356$119,681→ 424,905 total
Footnotes (2)
- [F1]41,437 restricted stock units ("RSUs") previously granted under the Landsea Homes Corporation 2020 Stock Incentive Plan (the "2020 Plan") vested on March 15, 2023. In connection with the vesting and settlement of such RSUs, the Issuer withheld shares of Common Stock to satisfy its tax withholding obligations. The number of shares withheld was based on the closing price per share on March 15, 2023. The withholding of vested shares was approved by the Board of the Directors of the Issuer.
- [F2]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) 39,716 RSUs previously granted under the 2020 Plan that will vest as to one-half on each of April 19, 2023 and April 19, 2024. 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 0001839958
Filing Metadata
- Form type
- 4
- Filed
- Mar 15, 8:00 PM ET
- Accepted
- Mar 16, 7:26 PM ET
- Size
- 5.6 KB