4//SEC Filing
LANDSEA HOLDINGS CORP 4
Accession 0000950170-24-059993
CIK 0001721386other
Filed
May 14, 8:00 PM ET
Accepted
May 15, 6:15 AM ET
Size
5.6 KB
Accession
0000950170-24-059993
Insider Transaction Report
Form 4
LANDSEA HOLDINGS CORP
10% Owner
Transactions
- Sale
Common Stock
2024-05-14$6.00/sh−4,100,000$24,600,000→ 12,840,729 total
Footnotes (1)
- [F1]Shares were transferred on May 14, 2024 by Landsea Holdings Corporation ("Landsea Holdings") to Ever Fast Holdings Limited, a designee of 1103849 B.C. Ltd, a British Columbia Corporation, pursuant to the Payment Agreement Regarding Credit Agreement and Loan Documents dated May 10, 2024 (the "Payment Agreement"), entered into by Landsea Holdings as the borrower, and 1103849 B.C. Ltd, a British Columbia Corporation, as the lender (the "Lender") in order to fulfill its outstanding obligations due on May 12, 2024 under the Credit Agreement dated May 12, 2022 between Landsea Holdings and the Lender by transferring 4,100,000 shares at a price of $6,00 per share among 4,838,710 shares of Common Stock of Landsea Homes Corporation (the "Issuer") pledged by Landsea Holdings to the Lender as collateral under the Credit Agreement.
Documents
Issuer
Landsea Homes Corp
CIK 0001721386
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001840469
Filing Metadata
- Form type
- 4
- Filed
- May 14, 8:00 PM ET
- Accepted
- May 15, 6:15 AM ET
- Size
- 5.6 KB