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AVATAR HOLDINGS INC·4

Dec 24, 1:20 PM ET

KERRIGAN JAUNITA I 4

4 · AVATAR HOLDINGS INC · Filed Dec 24, 2008

Insider Transaction Report

Form 4
Period: 2008-12-22
AVATAR HOLDINGS INCAVTR
KERRIGAN JAUNITA I
Vice President and Secretary
Transactions
  • Exercise/Conversion

    Common Stock, $1.00 par value

    2008-12-22+10,000→ 10,000 total
  • Tax Payment

    Common Stock, $1.00 par value

    2008-12-22$27.49/sh−3,612$99,294→ 6,388 total
  • Conversion

    Performance Conditioned Restricted Stock Units

    2008-12-22−10,000→ 0 total
    From: 2008-12-22Exp: 2008-12-22→ Common Stock (10,000 underlying)
Footnotes (3)
  • [F1]Settlement of performance conditioned Restricted Stock Units
  • [F2]The units convert to Common Stock of the Issuer on a 1-for-1 basis.
  • [F3]Represents 3,612 shares of the Issuer's Common Stock withheld by Issuer in payment of Reporting Person's tax liability upon the vesting of 10,000 performance conditioned Restricted Stock Units at a price of $27.49 per share.

Documents

1 file
  • 4
    edgar.xmlPrimary

    PRIMARY DOCUMENT