X0306 4 2015-02-04 0 0000039677 AV Homes, Inc. AVHI 0001504432 MULAC JOSEPH CARL III 8601 N. SCOTTSDALE ROAD SUITE 225 SCOTTSDALE AZ 85253 0 1 0 0 Executive Vice President Common Stock 2015-02-04 4 D 0 210 0 D 112860 D Common Stock 2015-02-04 4 F 0 1238 15.21 D 111622 D This disposition represents shares cancelled by the Issuer in connection with the March 21, 2013 grant of restricted shares to the Reporting Person. On February 4, 2015 certain of those units vested based on the achievement of certain performance goals. The shares which were eligible to vest, but did not west, were forfeited. This disposition reflects shares withheld by the Issuer in connection with the March 21, 2013 restricted share award to the Reporting Person. On February 4, 2015 certain of those units vested based on the achievement of certain performance goals. These shares were withheld to satisfy the Reporting Person's withholding obligations for taxes. /s/ Gary Shullaw, attorney-in-fact for Joseph Carl Mulac 2015-02-06