SCHELL LYNN CARLSON 4
4 · WILLIAM LYON HOMES · Filed May 23, 2013
Insider Transaction Report
Form 4
SCHELL LYNN CARLSON
Director
Transactions
- Conversion
CLASS A COMMON STOCK
2013-05-21+17,603→ 17,603 total - Conversion
CLASS D COMMON STOCK
2013-05-21−8,912→ 0 total→ CLASS A COMMON STOCK (8,912 underlying) - Conversion
CLASS D COMMON STOCK
2013-05-21−6,909→ 0 total→ CLASS A COMMON STOCK (6,909 underlying) - Conversion
CLASS D COMMON STOCK
2013-05-21−1,782→ 0 total→ CLASS A COMMON STOCK (1,782 underlying)
Footnotes (7)
- [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 57,000 shares prior to the Reverse Split.
- [F4]Fully vested, subject to certain restrictions.
- [F5]The number of shares of Class D Common Stock for this line item was previously reported on Form 3 as covering 73,529 shares prior to the Reverse Split.
- [F6]Vests in four equal installments on each of June 1, September 1 and December 1, 2013 and March 1, 2014, subject to certain restrictions.
- [F7]The number of shares of Class D Common Stock for this line item was previously reported on Form 3 as covering 14,705 shares prior to the Reverse Split.