SINGER MAUREEN L 4
4 · WILLIAM LYON HOMES · Filed May 23, 2013
Insider Transaction Report
Form 4
SINGER MAUREEN L
SEE REMARKS
Transactions
- Conversion
CLASS D COMMON STOCK
2013-05-21−2,139→ 0 total→ CLASS A COMMON STOCK (2,139 underlying) - Conversion
CLASS A COMMON STOCK
2013-05-21+2,139→ 2,139 total
Footnotes (4)
- [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 17,647 shares prior to the Reverse Split.
- [F4]Fifty percent (50%) of the shares vested on each of March 1, 2014 and 2015, subject to certain restrictions.