SEC Form 4 · accession 0001580670-15-000132
LGI Homes, Inc. · LGIH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan Christopher Sansbury
Director
Period of report
Nov 6, 2015
Accepted (ET)
Nov 10, 2015 · 4:56 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 6, 2015 | M | 1,500 | — | A | 180,065 | D | |
| Common StockF2 | Nov 10, 2015 | S | 1,500 | $29.95 | D | 178,565 | D | |
| Common Stock | holding | — | — | — | 600 | I | By Spouse as UTMA custodian for minor child | |
| Common Stock | holding | — | — | — | 23,101 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Nov 6, 2015 | M | 1,500 | D | — | — | Common Stock | 1,500 | 1,500 | D |
Explanation of responses
- F1Restricted stock units convert into LGI Homes, Inc. common stock on a one-for-one basis.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.89 to $30.05, inclusive. The reporting person 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 this footnote.
- F3In November 2013, the reporting person was granted 4,546 restricted stock units, vesting in three annual installments beginning on November 6, 2014.