SEC Form 4 · accession 0001446472-15-000019
LGI Homes, Inc. · LGIH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E Lipar
10% Owner
Period of report
Nov 17, 2015
Accepted (ET)
Nov 19, 2015 · 3:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001580670
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 17, 2015 | S | 18,213 | $30.7922 | D | 431,787 | I | By The Paragon Living Trust |
| Common StockF2 | Nov 18, 2015 | S | 39,911 | $30.4884 | D | 391,876 | I | By The Paragon Living Trust |
| Common StockF3 | Nov 18, 2015 | S | 22,568 | $31.1502 | D | 369,308 | I | By The Paragon Living Trust |
| Common Stock | holding | — | — | — | 1,250,650 | D | ||
| Common StockF4 | holding | — | — | — | 50,000 | I | By RE Finance Partners, Ltd. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.50 to $31.10. Mr. Lipar undertakes to provide to LGI Homes, Inc., any security holder of LGI Homes, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (2) and (3) to this Form 4.
- F2The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.99.
- F3The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.00 to $31.35.
- F4Mr. Lipar disclaims beneficial ownership in 37,500 shares attributable to limited partnership interests owned by other partners in the partnership.