Einiger Roger 4
4 · AV Homes, Inc. · Filed Oct 2, 2018
Insider Transaction Report
Form 4
AV Homes, Inc.AVHI
Einiger Roger
Director
Transactions
- Disposition to Issuer
Stock Units
2018-10-02$21.50/sh−25,862$556,033→ 0 totalExp: 2018-10-02→ Common Stock (25,862 underlying) - Award
Stock Units
2018-10-01$20.00/sh+1,062$21,240→ 25,862 total→ Common Stock (1,062 underlying) - Disposition to Issuer
Common Stock
2018-10-02$21.50/sh−12,416$266,944→ 0 total
Footnotes (5)
- [F1]Disposed of as a result of merger pursuant to previously announced Agreement and Plan of Merger, dated as of June 7, 2018 by and among the issuer, Taylor Morrison Home Corporation, Taylor Morrison Communities, Inc., and Thor Merger Sub, Inc.
- [F2]The units convert to Common Stock of the issuer on a 1-for-1 basis.
- [F3]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.
- [F4]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.
- [F5]Fully vested.