HOMEBANC CORP 4
4 · HOMEBANC CORP · Filed Sep 2, 2005
Insider Transaction Report
Form 4
McGuire Charles W
EVP, Gen Counsel and Secretary
Transactions
- Exercise/Conversion
Common Stock
2005-08-31+339→ 21,920 total - Exercise/Conversion
Dividend Equivalent Rights
2005-08-31−339→ 1,685 totalFrom: 2005-08-31Exp: 2005-08-31→ Common Stock (339 underlying)
Footnotes (3)
- [F1]Reflects shares of HMB common stock issued upon conversion of restricted stock units ("RSUs") awarded as dividend equivalent rights on stock appreciation rights ("SARS") issued to the Reporting Person under the HomeBanc Corp. Amended and Restated 2004 Long-Term Incentive Plan.
- [F2]1 for 1
- [F3]The RSUs vest proportionately with the SARs to which they relate and, as originally granted, would have converted to shares of HMB common stock upon exercise of the SARs. The SARs were amended on 8/31/05 to provide that on each anniversary of the grant date of the SARs, any accumulated RSUs will, to the extent then vested, be converted to shares of HMB common stock and delivered to the holder.