SEC Form 4 · accession 0001580670-16-000180
LGI Homes, Inc. · LGIH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Thomas Lipar
Officer — See Remarks · Director · 10% Owner
Period of report
Mar 16, 2016
Accepted (ET)
Mar 17, 2016 · 6:35 pm EDT
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 | Mar 16, 2016 | S | 919 | $21.82 | D | 501,433 | D | |
| Common StockF2 | holding | — | — | — | 2,339,297 | I | By EDSS Holdings, LP | |
| Common StockF3 | holding | — | — | — | 23,244 | I | By LGI Fund II GP, LLC | |
| Common Stock | holding | — | — | — | 37,500 | I | By 401(k) plan | |
| Common StockF3 | holding | — | — | — | 175 | I | By LGI Fund III GP, LLC | |
| Common Stock | holding | — | — | — | 17,326 | I | By spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 relate to taxes associated with the vesting of RSUs granted on March 16, 2015 and settled on March 15, 2016.
- F2The reporting person is the sole owner of the general partner of EDSS Holdings, LP, and a limited partner in EDSS Holdings, LP. The reporting person disclaims beneficial ownership of 678,396 shares of LGIH common stock owned by EDSS Holdings, LP attributable to other limited partners in that partnership.
- F3The reporting person is the sole owner of the entity.