Robert S Miller, a director of LF Capital Acquisition Corp., recently acquired 5,491 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on January 07, 2021. Miller now owns 5,491 shares of the company. Miller operates out of Newport Beach, CA. Some additional info was provided as follows:
Received in exchange for 7.85 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 Landse a 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, the reporting person's shares of phantom stock settled into 5,491 shares of the Issuer's common stock, par value $0.0001 per share, in addition to a cash settlement in the amount of $24,786.71 for the remainder thereof, in accordance with the Merger Agreement.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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