X0306 4 2018-01-02 0 0000039677 AV Homes, Inc. AVHI 0001305016 Nash Joshua Lionel C/O ULYSSES MANAGEMENT, LLC ONE ROCKEFELLER PLAZA 20TH FLOOR NEW YORK NY 10020 1 0 0 0 Stock Units 2018-01-02 4 A 0 1951 16.65 A Common Stock 1951 23375 D The units convert to Common Stock of the Issuer on a 1-for-1 basis. 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. 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. /s/ Gary Shullaw, attorney-in-fact for Joshua L. Nash 2018-01-04