SEC Form 4 · accession 0001179110-15-009225
AV Homes, Inc. · AVHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul D Barnett
Director
Period of report
Jun 2, 2015
Accepted (ET)
Jun 4, 2015 · 7:21 pm EDT
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 StockF1,F2 | Jun 2, 2015 | M | 2,538 | $0.00 | A | 17,436 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | — | Jun 2, 2015 | M | 2,538 | D | Jun 2, 2015 | Jun 2, 2015 | Common Stock | 2,538 | 0 | D |
| Restricted Stock UnitsF2,F3 | — | Jun 3, 2015 | A | 2,848 | A | Jun 3, 2016 | Jun 3, 2016 | Common Stock | 2,848 | 2,848 | D |
Explanation of responses
- F1Shares received in settlement of restricted stock units in a transaction exempt pursuant to Rule 16b-3(d) under the Securities Exchange Act of 1934.
- F2The units convert to Common Stock of the issuer on a 1-for-1 basis.
- F3The units granted to the Reporting Person vest in full on the earlier of June 3, 2016 or the day immediately preceding the 2016 annual meeting of stockholders, provided that the Reporting Person is a member of the Issuer's board of directors on such date.