Home/Filings/4/0001253550-07-000062
4//SEC Filing

AVATAR HOLDINGS INC 4

Accession 0001253550-07-000062

CIK 0000039677operating

Filed

Jun 3, 8:00 PM ET

Accepted

Jun 4, 3:13 PM ET

Size

9.2 KB

Accession

0001253550-07-000062

Insider Transaction Report

Form 4
Period: 2007-05-31
Transactions
  • Award

    Stock Units

    2007-06-01$82.00/sh+22.62$1,855740.94 total
    Common Stock (22.62 underlying)
  • Award

    Restricted Stock Units

    2007-05-31+180180 total
    From: 2008-05-31Exp: 2008-05-31Common Stock (180 underlying)
Footnotes (5)
  • [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 May 31, 2008 or the day immediately preceding the 2008 annual meeting of stockholders, provided that the Reporting Person is a member of the Issuer's 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.
  • [F4]The units, which represent a deferral of a portion of director's fees payable to the Reporting Person, are fully vested at all times and are convertible into shares of the Issuer's Common Stock at the earlier of a date specified by the Reporting Person or the date on which the Reporting Person no longer serves as a director of the Issuer.
  • [F5]Represents the closing price of Issuer's Common Stock as of the date for payment of director's fees, which closing price represents the denominator for purposes of determining the number of Stock Units attributable to the Reporting Person's deferral account.

Issuer

AVATAR HOLDINGS INC

CIK 0000039677

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000039677

Filing Metadata

Form type
4
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 3:13 PM ET
Size
9.2 KB