Legacy Housing Executive Chairman rescinds 350,000-share equity awards; no payment

Legacy Housing Corp

Curtis D. Hodgson rescinds awards for 175,000 shares at $36 and $48 price milestones, effective Oct 1, 2022.
Awards were conditional on stock price sustaining above $36 and $48 for 15 consecutive market days.
No consideration paid to Hodgson for the rescission; all other employment terms unchanged.
Rescission eliminates potential future dilution from these performance-based grants.

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