SEC Form 4 · accession 0000878560-15-000056
CalAtlantic Group, Inc. · CAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Patrick Babel
Officer — EVP, General Counsel & Sec.
Period of report
Apr 1, 2015
Accepted (ET)
Apr 2, 2015 · 6:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000878560
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 1, 2015 | F | 2,607 | $8.91 | D | 116,281 | D | |
| Common StockF1 | Apr 1, 2015 | F | 1,783 | $8.91 | D | 114,498 | D | |
| Common StockF2 | Apr 1, 2015 | A | 9,446 | $8.91 | A | 123,944 | D | |
| Common StockF1 | Apr 2, 2015 | F | 2,281 | $9.12 | D | 121,663 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF3 | $8.91 | Apr 1, 2015 | A | 79,937 | A | — | Apr 1, 2020 | Common Stock | 79,937 | 79,937 | D |
Explanation of responses
- F1Payment of tax withholding relating to vesting of restricted stock.
- F21/3 of this restricted stock grant vests on each of the first three anniversaries of the transaction date provided that a threshold level of Company pre-tax income for 2015 is first achieved.
- F31/3 of this stock appreciation right becomes exercisable on each of the first three anniversaries of the transaction date. Appreciation is capped at $4.00 per stock appreciation right.