SEC Form 4 · accession 0001179110-15-002063
AV Homes, Inc. · AVHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Carl Mulac III
Officer — Executive Vice President
Period of report
Feb 4, 2015
Accepted (ET)
Feb 6, 2015 · 5:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000039677
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 4, 2015 | D | 210 | $0.00 | D | 112,860 | D | |
| Common Stock | Feb 4, 2015 | F | 1,238 | $15.21 | D | 111,622 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This disposition represents shares cancelled by the Issuer in connection with the March 21, 2013 grant of restricted shares to the Reporting Person. On February 4, 2015 certain of those units vested based on the achievement of certain performance goals. The shares which were eligible to vest, but did not west, were forfeited.
- F2This disposition reflects shares withheld by the Issuer in connection with the March 21, 2013 restricted share award to the Reporting Person. On February 4, 2015 certain of those units vested based on the achievement of certain performance goals. These shares were withheld to satisfy the Reporting Person's withholding obligations for taxes.