AVATAR HOLDINGS INC 4
4 · AVATAR HOLDINGS INC · Filed Jun 14, 2005
Insider Transaction Report
Form 4
NASH JACK
Director
Transactions
- Award
Restricted Stock Units
2005-06-13+400→ 400 totalExp: 2006-06-13→ Common Stock (400 underlying)
Footnotes (3)
- [F1]The units convert to Common Stock of the issuer on a 1-for-1 basis.
- [F2]The units granted to the Reporting Person vest in full on the earlier of June 13, 2006 or the day immediately preceding the 2006 annual meeting of stockholders, provided that the Reporting Person is a member of the Board of Directors on such date.
- [F3]The zero ("0") in this column is a "dummy" amount, solely for the purpose of permitting the use of a descriptive footnote stating that the price is not applicable.