SEC Form 4 · accession 0001179110-17-011343
AV Homes, Inc. · AVHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua Lionel Nash
Director
Period of report
Aug 8, 2017
Accepted (ET)
Aug 10, 2017 · 6:04 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 | Aug 8, 2017 | P | 19,200 | $15.25 | A | 362,400 | I | By Limited Partnership |
| Common StockF2 | Aug 8, 2017 | P | 2,066 | $15.25 | A | 55,932 | I | By Offshore Fund |
| Common StockF3,F1 | Aug 9, 2017 | P | 7,400 | $15.1744 | A | 369,800 | I | By Limited Partnership |
| Common StockF4,F2 | Aug 9, 2017 | P | 782 | $15.1744 | A | 56,714 | I | By Offshore Fund |
| Common Stock | holding | — | — | — | 193,475 | D | ||
| Common Stock | holding | — | — | — | 173,900 | I | By Trust fbo Mother |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares are held by a limited partnership. The managing general partner of the limited partnership is directly controlled by the reporting person. The reporting person disclaims beneficial ownership of the shares held by the limited partnership except to the extent of his pecuniary interest therein.
- F2Shares are held by an offshore fund. The reporting person controls the management company for this fund. The reporting person disclaims beneficial ownership of the shares held by the offshore company except to the extent of his pecuniary interest therein, which results solely from a compensatory arrangement pursuant to which certain amounts to be paid to the reporting person are valued by reference to the managed account.
- F3Reflects the weighted average price of 7,400 shares of common stock of AV Homes, Inc. purchased by the reporting person in multiple transactions on August 9, 2017 with purchase prices ranging from $15.13 to $15.20 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F4Reflects the weighted average price of 782 shares of common stock of AV Homes, Inc. purchased by the reporting person in multiple transactions on August 9, 2017 with purchase prices ranging from $15.13 to $15.20 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.