SEC Form 4 · accession 0001446472-15-000021
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
Sep 22, 2015
Accepted (ET)
Nov 25, 2015 · 2:02 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 Stock | Sep 22, 2015 | G | 1,250,000 | $0.00 | D | 0 | D | |
| Common Stock | Sep 22, 2015 | G | 1,250,000 | $0.00 | A | 1,250,000 | I | By Lipar Holdings, Ltd. |
| Common StockF2 | Nov 23, 2015 | S | 48,533 | $31.7277 | D | 1,467 | I | By RE Finance Partners, Ltd. |
| Common StockF3 | Nov 23, 2015 | S | 1,467 | $32.3955 | D | 0 | I | By RE Finance Partners, Ltd. |
| Common StockF4 | holding | — | — | — | 650 | I | By Lipar Group, Inc. | |
| Common Stock | holding | — | — | — | 325,000 | I | By The Paragon Living Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Lipar transferred these shares to Lipar Holdings, Ltd. Mr. Lipar may be deemed a beneficial owner of such shares through his ownership interests in the partnership's sole general partner and its limited partners. Mr. Lipar disclaims beneficial ownership in shares owned by the partnership except to the extent of his pecuniary interest therein.
- F2The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.32 to $32.30. 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 (2) and (3) to this Form 4.
- F3The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.32 to $32.45.
- F4Represents shares previously obtained on July 1, 2014, from a pro rata distribution of RE Finance Partners, Ltd. Mr. Lipar previously reported these shares as being directly held.