4//SEC Filing
Farhat Elias 4
Accession 0001731122-23-001450
CIK 0001721386other
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 4:05 PM ET
Size
8.8 KB
Accession
0001731122-23-001450
Insider Transaction Report
Form 4
Farhat Elias
Director
Transactions
- Sale
Common Stock, par value $0.0001
2023-08-07$12.19/sh−4,992$60,852→ 369,520 total - Sale
Common Stock, par value $0.0001
2023-08-08$11.81/sh−14,802$174,812→ 354,718 total
Holdings
- 2,258(indirect: See footnote)
Common Stock, par value $0.0001
Footnotes (4)
- [F1]This transaction was executed in multiple trades at prices ranging from $12.02 to $12.25. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]Includes 318,317 shares of the issuer's Common Stock that Mr. Farhat received as a pro rata distribution from Level Field Partners, LLC on June 22, 2023, which was exempt from the reporting requirements of Section 16. See Footnote 4.
- [F3]This transaction was executed in multiple trades at prices ranging from $11.75 to $11.98. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]On June 22, 2023, Level Field Capital, LLC made a pro rata distribution of 2,225,577 shares of the issuer's Common Stock to its members, which includes Mr. Farhat, for no consideration. Level Field Partners, LLC is the record holder of the securities reported herein. Level Field Partners, LLC is the managing member of Level Field Capital, LLC. Level Field Management, LLC is the managing member of Level Field Partners, LLC. Elias Farhat manages Level Field Management, LLC as one of its members. Mr. Farhat disclaims beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein.
Documents
Issuer
Landsea Homes Corp
CIK 0001721386
Entity typeother
Related Parties
1- filerCIK 0001744195
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Accepted
- Aug 11, 4:05 PM ET
- Size
- 8.8 KB