SEC Form 4 · accession 0001179110-17-001498
AV Homes, Inc. · AVHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Gary Shullaw
Officer — EVP and General Counsel
Period of report
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 5:12 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 | Jan 31, 2017 | A | 3,727 | $0.00 | A | 30,472 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $17.65 | Jan 31, 2017 | A | 8,631 | A | — | Jan 31, 2027 | Common Stock | 8,631 | 8,631 | D |
Explanation of responses
- F1Reflects the grant of time-based restricted stock units that will vest in 25% increments on December 31 of each of 2017, 2018, 2019 and 2020 and be settled in shares of common stock.
- F2This option will vest in 25% increments on December 31 of each of 2017, 2018, 2019 and 2020.