AV Homes, Inc. 4
4 · AV Homes, Inc. · Filed Jan 5, 2016
Insider Transaction Report
Form 4
AV Homes, Inc.AVHI
Barnett Paul D
Director
Transactions
- Award
Stock Units
2016-01-01$12.81/sh+536$6,866→ 13,090.238 total→ Common Stock (536 underlying)
Footnotes (3)
- [F1]The units convert to Common Stock of the issuer on a 1-for-1 basis.
- [F2]The units, which represent a deferral of a portion of a director's fees payable to the Reporting Person, are fully vested at all times and are convertible into shares of Issuer's Common Stock at the earlier of a date specified by the Reporting Person or the date on which the Reporting Person no longer serves as a director of the Issuer.
- [F3]Represents the most recent closing price of Issuer's Common Stock prior to the date of grant, which closing price represents the denominator for purposes of determining the number of Stock Units attributable to the Reporting Person's deferral account.