AVATAR HOLDINGS INC 4
4 · AVATAR HOLDINGS INC · Filed May 29, 2009
Insider Transaction Report
Form 4
DRESNER MILTON H
Director
Transactions
- Exercise/Conversion
COMMON STOCK
2009-05-27$17.85/sh+435$7,765→ 4,195 total - Award
Restricted Stock Units
2009-05-28+840→ 840 totalFrom: 2010-05-28Exp: 2010-05-28→ COMMON STOCK (840 underlying) - Exercise/Conversion
Restricted Stock Units
2009-05-27−435→ 0 totalFrom: 2009-05-27Exp: 2009-05-27→ COMMON STOCK (435 underlying)
Footnotes (4)
- [F1]Settlement of Restricted Stock Units upon vesting.
- [F2]The units convert to Common Stock of the issuer on a 1-for-1 basis.
- [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 granted to the Reporting Person vest in full on the earlier of May 28, 2010 or the day immediately preceding the 2010 annual meeting of stockholders, provided that the Reporting Person is a member of the Issuer's board of directors on such date.