SEC Form 4 · accession 0000878560-15-000132
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
Oct 1, 2015
Accepted (ET)
Oct 5, 2015 · 6:13 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 | Oct 1, 2015 | F | 407 | $41.16 | D | 23,925 | D | |
| Common StockF2 | Oct 1, 2015 | A | 2,044 | $41.16 | A | 25,969 | 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 | $41.16 | Oct 1, 2015 | A | 15,813 | A | — | Oct 1, 2020 | Common Stock | 15,813 | 15,813 | 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 $20.00 per stock appreciation right.