Filing Details

Accession Number:
0001253550-11-000018
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-18 16:20:46
Reporting Period:
2011-05-17
Filing Date:
2011-05-18
Accepted Time:
2011-05-18 16:20:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
39677 Avatar Holdings Inc AVTR Operative Builders (1531) 231739078
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1199409 M Jon Donnell 201 Alhambra Circle
12Th Floor
Coral Gables FL 33134
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $1.00 Par Value Acquisiton 2011-05-17 5,000 $16.48 11,355 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Restricted Common Stock 300,000 Direct
Footnotes
  1. The amount stated is an average of the purchase prices of the transactions, which ranged in price between $16.42 and $16.50. Information regarding the number of shares purchased at each separate price will be furnished upon request.
  2. Of the 310,000 Restricted Shares of Common Stock (the "Shares") awarded to the Reporting Person pursuant to the terms of that certain Employment Agreement dated as of October 19, 2010 between the Issuer and the Reporting Person (the "Agreement"), 70,000 Shares are time based awards; 10,000 of which vested December 31, 2010 ( of which 3,645 were withheld by Issuer in payment of Reporting Person's tax liability). 300,000 Restricted Shares of Issuer's Common Stock awarded to the Reporting Person remain subject to the time and performance conditions set forth in the Agreement.