HOMEBANC CORP 4
4 · HOMEBANC CORP · Filed Aug 10, 2005
Insider Transaction Report
Form 4
McGuire Charles W
EVP, Gen Counsel and Secretary
Transactions
- Award
Common Stock
2005-08-08+316→ 21,581 total - Award
Dividend Equivalent Rights
2005-08-08+667→ 2,024 totalExp: 2014-07-14→ Common Stock (667 underlying)
Footnotes (2)
- [F1]Represents the acquisition of additional restricted stock units ("RSUs") acquired pursuant to a dividend equivalent rights feature of previously granted RSUs awarded under the HomeBanc Corp. Amended and Restated 2004 Long-Term Incentive Plan. The RSUs will be settled for shares of HMB common stock on a one-for-one basis.
- [F2]Represents the acquisition of RSUs acquired pursuant to a dividend equivalent rights feature of previously granted stock appreciation rights ("SARs") awarded under the HomeBanc Corp. Amended and Restated 2004 Long-Term Incentive Plan. The RSUs become exercisable proportionately with the SARs to which they relate. Upon exercise of the SARs, the value of the accumulated RSUs (based on the fair market value of the price of the issuer's common stock at the time of exercise) will be added to the amount payable upon exercise of the SAR, and the total value will be converted to shares of common stock to be delivered to the Reporting Person.