0000950170-25-041259.txt : 20250318 0000950170-25-041259.hdr.sgml : 20250318 20250318163010 ACCESSION NUMBER: 0000950170-25-041259 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250315 FILED AS OF DATE: 20250318 DATE AS OF CHANGE: 20250318 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Forsum Michael CENTRAL INDEX KEY: 0001839958 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38545 FILM NUMBER: 25748863 MAIL ADDRESS: STREET 1: 660 NEWPORT CENTER DRIVE, SUITE 300 CITY: NEWPORT BEACH STATE: CA ZIP: 92660 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Landsea Homes Corp CENTRAL INDEX KEY: 0001721386 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 822196021 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1717 MCKINNEY AVENUE STREET 2: SUITE 1000 CITY: DALLAS STATE: TX ZIP: 75202 BUSINESS PHONE: (949) 345-8080 MAIL ADDRESS: STREET 1: 1717 MCKINNEY AVENUE STREET 2: SUITE 1000 CITY: DALLAS STATE: TX ZIP: 75202 FORMER COMPANY: FORMER CONFORMED NAME: LF Capital Acquisition Corp. DATE OF NAME CHANGE: 20171101 4 1 ownership.xml 4 X0508 4 2025-03-15 0001721386 Landsea Homes Corp LSEA 0001839958 Forsum Michael C/O LANDSEA HOMES CORPORATION 1717 MCKINNEY AVENUE, SUITE 1000 DALLAS TX 75202 false true false false President and COO false Common Stock, par value $0.0001 2025-03-15 4 F false 27285 7.15 D 474993 D 62,154 restricted stock units ("RSUs") previously granted under the Landsea Homes Corporation 2020 Stock Incentive Plan (the "2020 Plan") vested on March 15, 2025. In connection with the vesting and settlement of such RSUs, the Issuer withheld shares of Issuer's common stock, par value $0.0001 per share ("Common Stock") to satisfy its tax withholding obligations. The number of shares withheld was based on the closing price per share on March 14, 2025. The withholding of vested shares was approved by the Board of the Directors of the Issuer. Includes 84,000 RSUs previously granted under the 2020 Plan that will vest as to one-third on each of May 29, 2025, May 29, 2026, and May 29, 2027. Each RSU represents the right to receive one share of Common Stock. /s/ Kelly Rentzel, Attorney-in-fact for Michael Forsum 2025-03-18