ECKBERG J ERIC 4
4 · WILLIAM LYON HOMES · Filed May 23, 2013
Insider Transaction Report
Form 4
ECKBERG J ERIC
SEE REMARKS
Transactions
- Conversion
CLASS A COMMON STOCK
2013-05-21+30,260→ 30,260 total - Conversion
CLASS D COMMON STOCK
2013-05-21−11,544→ 0 total→ CLASS A COMMON STOCK (11,544 underlying) - Conversion
CLASS D COMMON STOCK
2013-05-21−18,716→ 0 total→ CLASS A COMMON STOCK (18,716 underlying)
Footnotes (6)
- [F1]Prior to the closing of the Issuer's initial public offering and sale to the underwriters, (i) the Issuer effected a 1-for-8.25 reverse stock split of its Class A Common Stock (the "Reverse Split") and (ii) all outstanding shares of the Issuer's Class C Common Stock, Class D Common Stock (including shares underlying outstanding equity awards) and Convertible Preferred Stock converted into shares of Class A Common Stock on a one-for-one basis as automatically adjusted for the Reverse Split (the "Conversion"). The information reported on this line item reflects the Reverse Split and the Conversion.
- [F2]Class D Common Stock has no expiration date and, subject to certain events, is automatically convertible on a one-for-one basis into shares of Class A Common Stock.
- [F3]The number of shares of Class D Common Stock for this line item was previously reported on Form 3 as covering 95,238 shares prior to the Reverse Split.
- [F4]Fifty percent (50%) of the shares vested on October 1, 2012 with one-third of the remaining shares vesting on each of December 31, 2012, 2013 and 2014.
- [F5]The number of shares of Class D Common Stock for this line item was previously reported on Form 3 as covering 154,411 shares prior to the Reverse Split.
- [F6]Vests in three equal annual installments on each of March 1, 2014, 2015 and 2016, subject to certain restrictions.