What happened
The FAA’s narrative, in sentence case. The FAA writes it in capitals and removes private details.
(-23) On may 7, 2003, Mr. Peter fuss, holder of pilot certificate no. 1518474, was operating his experimental sea ray amphibian N902SQ over lake jackson near Sebring, Florida when he initiated an approach and landing on the lake. The pilot executed a faulty landing with excessive speed and began to "porpoise" on the lake on making contact with the water. On the third oscillation, the aircraft nosed into the lake submerging the aircraft. The aircraft sustained minor damage with no injuries to the pilot. Visual meteorological conditions prevailed during the time of the incident.
As the FAA filed it
(-23) ON MAY 7, 2003, MR. PETER FUSS, HOLDER OF PILOT CERTIFICATE NO. 1518474, WAS OPERATING HIS EXPERIMENTAL SEA RAY AMPHIBIAN N902SQ OVER LAKE JACKSON NEAR SEBRING, FLORIDA WHEN HE INITIATED AN APPROACH AND LANDING ON THE LAKE. THE PILOT EXECUTED A FAULTY LANDING WITH EXCESSIVE SPEED AND BEGAN TO "PORPOISE" ON THE LAKE ON MAKING CONTACT WITH THE WATER. ON THE THIRD OSCILLATION, THE AIRCRAFT NOSED INTO THE LAKE SUBMERGING THE AIRCRAFT. THE AIRCRAFT SUSTAINED MINOR DAMAGE WITH NO INJURIES TO THE PILOT. VISUAL METEOROLOGICAL CONDITIONS PREVAILED DURING THE TIME OF THE INCIDENT.