Landsea Homes Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Company and Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Stock-Based Compensation - Schedule of Stock Option Activity (Details)

v3.23.1

Stock-Based Compensation - Schedule of Stock Option Activity (Details) - Stock Option - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Options
Options outstanding, beginning balance (in shares)	684,000
Granted (in shares)	228,000
Exercised (in shares)	0
Forfeited (in shares)	(184,000)
Options outstanding, ending balance (in shares)	728,000	684,000
Options exercisable (in shares)	167,000
Weighted Average Exercise Price
Weighted average exercise price, beginning balance (in USD per share)	$ 8.82
Granted (in USD per share)	6.46
Exercised (in USD per share)	0
Forfeited (in USD per share)	8.83
Weighted average exercise price, ending balance (in USD per share)	8.08	$ 8.82
Options exercisable (in USD per share)	$ 8.82
Weighted Average Remaining Contractual Term
Weighted Average Remaining Contractual Term	9 years 3 months 7 days
Options exercisable, Weighted average remaining contractual term	8 years 11 months 15 days
Aggregate Intrinsic Value
Aggregate intrinsic value	$ 0
Options exercisable	$ 0

- Definition

Share-based Compensation Arrangement by Share-based Payment Award, Options, Intrinsic Value [Abstract]

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Share-based Compensation Arrangement by Share-based Payment Award, Options, Weighted Average Remaining Contractual Term [Abstract]

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- Definition

The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan.

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The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan.

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The number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan.

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Gross number of share options (or share units) granted during the period.

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Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding.

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Number of options outstanding, including both vested and non-vested options.

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Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan.

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Amount by which current fair value of underlying stock exceeds exercise price of fully vested and expected to vest exercisable or convertible options. Includes, but is not limited to, unvested options for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur.

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Weighted average price at which option holders acquired shares when converting their stock options into shares.

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Weighted average price at which grantees could have acquired the underlying shares with respect to stock options that were terminated.

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Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options.

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Weighted average remaining contractual term for vested portions of options outstanding and currently exercisable or convertible, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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Number of share options (or share units) exercised during the current period.

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