X0508 4 2025-06-24 true 0001721386 Landsea Homes Corp LSEA 0001839958 Forsum Michael C/O LANDSEA HOMES CORPORATION 1717 MCKINNEY AVENUE, SUITE 1000 DALLAS TX 75202 true Chief Operating Officer false Common Stock, par value $0.0001 2025-06-24 4 U 0 406715 11.3 D 200578 D Common Stock, par value $0.0001 2025-06-25 4 D 0 200578 D 0 D Represents securities tendered to Lido Merger Sub, Inc. ("Merger Sub"), a wholly owned, direct subsidiary of Lido Holdco, Inc. ("Parent"), at a price of $11.30 per share (the "Offer Price"). Includes 200,578 unvested restricted stock units ("RSUs"). Pursuant to that certain Agreement and Plan of Merger, dated as of May 12, 2025 (the "Merger Agreement"), by and among the Issuer, Parent and Merger Sub, 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 the Offer Price (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. /s/ Kelly Rentzel, Attorney-in-fact for Michael Forsum 2025-06-25