0001731122-24-000553.txt : 20240401
0001731122-24-000553.hdr.sgml : 20240401
20240401215403
ACCESSION NUMBER: 0001731122-24-000553
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240328
FILED AS OF DATE: 20240401
DATE AS OF CHANGE: 20240401
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: 24812050
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
X0508
4
2024-03-28
0
0001721386
Landsea Homes Corp
LSEA
0001839958
Forsum Michael
C/O LANDSEA HOMES CORPORATION
1717 MCKINNEY AVENUE, SUITE 1000
DALLAS
TX
75202
0
1
0
0
President and COO
0
Common Stock, par value $0.0001
2024-03-28
4
A
0
14894
0
A
433568
D
Common Stock, par value $0.0001
2024-04-01
4
F
0
6553
14.53
D
427015
D
Represents the third tranche of the performance share units ("PSUs") granted on April 19, 2022 under the Landsea Homes Corporation 2020 Stock Incentive Plan (the "2020 Plan") that vested at 50% achievement. Each PSU represents the right to receive one share of the Issuer's common stock, par value $0.0001 per share (the "Common Stock").
In connection with the settlement of the PSUs, 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 March 28, 2024. The withholding of vested shares was approved by the Board of the Directors of the Issuer.
Includes (i) 62,155 restricted stock units ("RSUs") previously granted under the 2020 Plan that vest on March 15, 2025 and (ii) 19,858 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.
/s/ Michael Forsum
2024-04-01