Johnston Tina Marie 4
4 · AV Homes, Inc. · Filed Mar 25, 2013
Insider Transaction Report
Form 4
AV Homes, Inc.AVHI
Johnston Tina Marie
VP, PFO and PAO
Transactions
- Award
Common Stock
2013-03-21+8,982→ 22,970 total - Tax Payment
Common Stock
2013-01-01$14.22/sh−1,767$25,127→ 32,738 total - Disposition to Issuer
Common Stock
2012-12-31−5,083→ 34,917 total - Tax Payment
Common Stock
2012-12-31$14.22/sh−412$5,859→ 34,505 total - Disposition to Issuer
Common Stock
2013-03-21−18,750→ 13,988 total
Footnotes (2)
- [F1]The restricted stock award issued to the Reporting Person on August 15, 2011 was cancelled in connection with the grant to the Reporting Person of a new performance-based restricted stock award on March 21, 2013 as the Compensation Committee sought to adjust the performance objectives of the Issuer's management team based on the Issuer's current business strategy.
- [F2]The restricted stock award was granted under the Amended and Restated 1997 Incentive and Capital Accumulation Plan (2011 Restatement) and vests as to 25% of the shares on each of December 31, 2013, 2014, 2015 and 2016 if certain performance goals are achieved for each annual period.