0001731122-21-000053.txt : 20210111
0001731122-21-000053.hdr.sgml : 20210111
20210111214131
ACCESSION NUMBER: 0001731122-21-000053
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210107
FILED AS OF DATE: 20210111
DATE AS OF CHANGE: 20210111
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Tian Ming
CENTRAL INDEX KEY: 0001839961
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38545
FILM NUMBER: 21522266
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]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 660 NEWPORT CENTER DRIVE
STREET 2: SUITE 300
CITY: NEWPORT BEACH
STATE: CA
ZIP: 92660
BUSINESS PHONE: (949) 345-8080
MAIL ADDRESS:
STREET 1: 660 NEWPORT CENTER DRIVE
STREET 2: SUITE 300
CITY: NEWPORT BEACH
STATE: CA
ZIP: 92660
FORMER COMPANY:
FORMER CONFORMED NAME: LF Capital Acquisition Corp.
DATE OF NAME CHANGE: 20171101
4
1
ownership.xml
X0306
4
2021-01-07
0
0001721386
Landsea Homes Corp
LSEA
0001839961
Tian Ming
C/O LANDSEA HOMES CORPORATION.
660 NEWPORT CENTER DRIVE, SUITE 300
NEWPORT BEACH
CA
92660
1
0
1
0
Common Stock, par value $0.0001
2021-01-07
4
D
0
179038
D
32878265
I
See footnote.
Disposed of in settlement of 345.63 shares of phantom stock issued under the Landsea Homes Incorporated Phantom Stock Plan in connection with the completion of the merger (the "Merger"), on January 7, 2021 (the "Effective Date"), of the Issuer, LFCA Merger Sub, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of the Issuer, Landsea Homes Incorporated, a Delaware corporation, and Landsea Holdings Corporation, a Delaware corporation, pursuant to the Agreement and Plan of Merger, dated as of August 31, 2020 (the "Merger Agreement"). On the Effective Date, Landsea Holdings Corporation ("Landsea Holdings") disposed of 179,038 shares of the Issuer's common stock, par value $0.0001 per share, in addition to a cash settlement in the amount of $1,753,737.24 for the remainder thereof, in accordance with the Merger Agreement.
These shares are beneficially owned by Landsea Holdings, which is 100% indirectly owned by Landsea Green Properties Co. Ltd, of which Ming Tian indirectly beneficially owns approximately 57.8% through his interest in Easycorps Group Limited ("Easycorps"), Greenshield Corporation ("Greenshield"), and Landsea International Holdings Limited ("Landsea International"). Easycorps is wholly-owned by Mr. Tian, and Greenshield is wholly-owned by Landsea International, which in turn is wholly-owned by Landsea Group Co., Ltd., of which Mr. Tian is the controlling shareholder. (continue to footnote 3)
(continue from footnote 2) Mr. Tian may be deemed to have beneficial ownership of the shares held by Landsea Holdings. Mr. Tian disclaims beneficial ownership of the shares held by Landsea Holdings, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not otherwise be deemed an admission that Mr. Tian is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
/s/ Franco Tenerelli, Attorney-in-fact for Ming Tian
2021-01-11