SEC Form 4 · accession 0001580670-16-000192
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
May 2, 2016
Accepted (ET)
May 4, 2016 · 5:27 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 StockF1 | May 2, 2016 | J | 676,290 | $0.00 | D | 1,663,007 | I | By EDSS Holdings, LP |
| Common Stock | holding | — | — | — | 501,433 | D | ||
| Common StockF2 | holding | — | — | — | 23,244 | I | By LGI Fund II GP, LLC | |
| Common Stock | holding | — | — | — | 37,500 | I | By 401(k) plan | |
| Common StockF2 | 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
- F12,339,297 shares of LGIH common stock owned by EDSS Holdings, LP were reported as an indirect position held by Mr. Eric Lipar, the sole owner of the general partner of EDSS Holdings, LP and a limited partner in EDSS Holdings, LP, in his Form 3 filed on November 15, 2013 and on his subsequent Form 4s. Mr. Eric Lipar disclaimed beneficial ownership of 678,396 shares of LGIH common stock owned by EDSS Holdings, LP attributable to another limited partner in EDSS Holdings, LP. 676,290 of these shares of LGIH common stock were distributed in a liquidating redemption of the limited partner's interest in EDSS Holdings, LP.
- F2The reporting person is the sole owner of the entity.