SEC Form 4 · accession 0001580670-17-000023
LGI Homes, Inc. · LGIH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Thomas Lipar
Officer — CEO and Chairman of the Board · Director · 10% Owner
Period of report
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 5:23 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 15, 2017 | A | 51,912 | $0.00 | A | 560,845 | D | |
| Common StockF2 | Mar 16, 2017 | S | 16,670 | $32.29 | D | 544,175 | D | |
| Common StockF3 | holding | — | — | — | 1,663,007 | I | By EDSS Holdings, LP | |
| Common StockF4 | holding | — | — | — | 23,244 | I | By LGI Fund II GP, LLC | |
| Common StockF4 | 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 transaction relate to withholding taxes for awards that vested on March 15, 2017.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.05 to $32.52, 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.
- F3The reporting person is the sole owner of the general partner of EDSS Holdings, LP, and a limited partner in EDSS Holdings, LP.
- F4The reporting person is the sole owner of the entity.