SEC Form 4 · accession 0001179110-17-011460

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 10, 2017

Accepted (ET)

Aug 14, 2017 · 5:07 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 Stock^F1,F2	Aug 10, 2017	P	14,300	$15.1288	A	384,100	I	By Limited Partnership
Common Stock^F2	Aug 10, 2017	P	4,700	$15.15	A	388,800	I	By Limited Partnership
Common Stock^F3,F4	Aug 10, 2017	P	1,557	$15.1288	A	58,271	I	By Offshore Fund
Common Stock^F4	Aug 10, 2017	P	552	$15.15	A	58,823	I	By Offshore Fund
Common Stock^F2	Aug 11, 2017	P	2,000	$15.10	A	390,800	I	By Limited Partnership
Common Stock^F4	Aug 11, 2017	P	200	$15.10	A	59,023	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

F1Reflects the weighted average price of 14,300 shares of common stock of AV Homes, Inc. purchased by the reporting person in multiple transactions on August 10, 2017 with purchase prices ranging from $15.05 to $15.15 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.
F2Shares 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.
F3Reflects the weighted average price of 1,557 shares of common stock of AV Homes, Inc. purchased by the reporting person in multiple transactions on August 10, 2017 with purchase prices ranging from $15.05 to $15.15 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.
F4Shares 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.