4//SEC Filing
Nash Joshua Lionel 4
Accession 0001179110-18-011937
CIK 0000039677other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 5:07 PM ET
Size
15.4 KB
Accession
0001179110-18-011937
Insider Transaction Report
Form 4
AV Homes, Inc.AVHI
Nash Joshua Lionel
DirectorChairman of the Board
Transactions
- Disposition to Issuer
Common Stock
2018-10-02$21.50/sh−390,800$8,402,200→ 0 total(indirect: By Partnership) - Disposition to Issuer
Common Stock
2018-10-02$21.50/sh−59,023$1,268,995→ 0 total(indirect: By Offshore Fund) - Award
Stock Units
2018-10-01$20.00/sh+1,625$32,500→ 28,270 total→ Common Stock (1,625 underlying) - Disposition to Issuer
Common Stock
2018-10-02$21.50/sh−197,290$4,241,735→ 0 total - Disposition to Issuer
Common Stock
2018-10-02$21.50/sh−173,900$3,738,850→ 0 total(indirect: By Trust) - Disposition to Issuer
Stock Units
2018-10-02$21.50/sh−28,270$607,805→ 0 totalExp: 2018-10-02→ Common Stock (28,270 underlying)
Footnotes (7)
- [F1]Disposed of as a result of merger pursuant to previously announced Agreement and Plan of Merger, dated as of June 7, 2018 by and among the issuer, Taylor Morrison Home Corporation, Taylor Morrison Communities, Inc., and Thor Merger Sub, Inc.
- [F2]Shares are held by a limited partnership. The managing general partner of the limited partnership is directly controlled by the reporting person. The reporting person disclaims beneficial ownership of the shares held by the limited partnership except to the extent of his pecuniary interest therein.
- [F3]Shares are held by an offshore fund. The reporting person controls the management company for this fund. The reporting person disclaims beneficial ownership of the shares held by the offshore company except to the extent of his pecuniary interest therein, which results solely from a compensatory arrangement pursuant to which certain amounts to be paid to the reporting person are valued by reference to the managed account.
- [F4]The units convert to Common Stock of the issuer on a 1-for-1 basis.
- [F5]The units, which represent a deferral of a portion of a director's fees payable to the Reporting Person, are fully vested at all times and are convertible into shares of 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.
- [F6]Represents the most recent closing price of Issuer's Common Stock prior to the date of grant, which closing price represents the denominator for purposes of determining the number of Stock Units attributable to the Reporting Person's deferral account.
- [F7]Fully vested.
Documents
Issuer
AV Homes, Inc.
CIK 0000039677
Entity typeother
Related Parties
1- filerCIK 0001305016
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 5:07 PM ET
- Size
- 15.4 KB