Ho John 4
4 · Landsea Homes Corp · Filed Apr 23, 2024
Insider Transaction Report
Form 4
Ho John
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock, par value $0.0001
2024-04-19$11.00/sh−8,651$95,161→ 436,148 total
Holdings
- 25,082(indirect: By Trust)
Common Stock, par value $0.0001
Footnotes (3)
- [F1]In connection with the vesting and settlement of 21,986 restricted stock units ("RSUs") previously granted under the Landsea Homes Corporation 2020 Stock Incentive Plan (the "2020 Plan") on April 19, 2024, 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 April 19, 2024. The withholding of vested shares was approved by the Board of the Directors of the Issuer.
- [F2]Includes 62,155 RSUs previously granted under the 2020 Plan which vest on March 15, 2025. 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.