Landsea Homes Corporation Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2021

The following table presents a summary of the Company’s nonvested PSUs and RSUs as of December 31, 2021 and changes during the year then ended:


	Year Ended December 31,
	2021			2020			2019
	Awards	Weighted Average Grant Date Fair Value		Awards	Weighted Average Grant Date Fair Value		Awards	Weighted Average Grant Date Fair Value
	(in thousands, except fair value amounts)
Outstanding, beginning of the year	—	$	—	—	$	—	—	$	—
Granted	886	9.45		—	—		—	—
Vested	(118)	9.55		—	—		—	—
Forfeited	—	—		—	—		—	—
Outstanding, end of the year	768	$	9.43	—	$	—	—	$	—

A summary of our outstanding RSUs and PSUs, assuming current estimated level of performance achievement, are as follows:


	December 31, 2021
	(in thousands, except years)
Unvested units	768
Remaining cost on unvested units	$	5,102
Remaining vesting period	3.21 years