4//SEC Filing
Ho John 4
Accession 0001731122-24-000482
CIK 0001721386other
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 9:10 PM ET
Size
6.5 KB
Accession
0001731122-24-000482
Insider Transaction Report
Form 4
Ho John
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock, par value $0.0001
2024-03-21$12.72/sh−25,048$318,611→ 434,797 total
Holdings
- 25,082(indirect: By Trust)
Common Stock, par value $0.0001
Footnotes (3)
- [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"), 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 March 20, 2024. The withholding of vested shares was approved by the Board of the Directors of the Issuer.
- [F2]Includes (i) 62,155 RSUs previously granted under the 2020 Plan which vest on 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.
- [F3]These shares are owned directly by J & J Ho Family Trust for which the Reporting Person serves as trustee.
Documents
Issuer
Landsea Homes Corp
CIK 0001721386
Entity typeother
Related Parties
1- filerCIK 0001839954
Filing Metadata
- Form type
- 4
- Filed
- Mar 24, 8:00 PM ET
- Accepted
- Mar 25, 9:10 PM ET
- Size
- 6.5 KB