0001179110-11-008664.txt : 20110526
0001179110-11-008664.hdr.sgml : 20110526
20110526163543
ACCESSION NUMBER: 0001179110-11-008664
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110525
FILED AS OF DATE: 20110526
DATE AS OF CHANGE: 20110526
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MERRILL ALLAN P
CENTRAL INDEX KEY: 0001239441
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12822
FILM NUMBER: 11874507
MAIL ADDRESS:
STREET 1: BEAZER HOMES
STREET 2: 1000 ABERNATHY RD, SUITE 1200
CITY: ATLANTA
STATE: GA
ZIP: 30328
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BEAZER HOMES USA INC
CENTRAL INDEX KEY: 0000915840
STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531]
IRS NUMBER: 582086934
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 5775 PEACHTREE DUNW00DY RD
STREET 2: STE B 200
CITY: ATLANTA
STATE: GA
ZIP: 30342
BUSINESS PHONE: 4042503420
MAIL ADDRESS:
STREET 1: 5775 PEACHTREE DUNWOODY RD
STREET 2: STE C-200
CITY: ATLANTA
STATE: GA
ZIP: 30342
4
1
edgar.xml
FORM 4 -
X0303
4
2011-05-25
0
0000915840
BEAZER HOMES USA INC
BZH
0001239441
MERRILL ALLAN P
1000 ABERNATHY RD
SUITE 1200
ATLANTA
GA
30328
0
1
0
0
EVP, Chief Financial Officer
Common Stock
2011-05-25
4
P
0
2500
3.60
A
472479
D
7.25% Tangible Equity Units
2011-05-25
4
P
0
1000
20.50
A
Common Stock
4302
1000
D
7 1/2% Mandatory Convertible Subordinates Notes due 2013
2011-05-25
4
P
0
1000
17.25
A
Common Stock
5434
1000
D
Tangible Equity Units ("TEUs") include a prepaid stock purchase contract that will be automatically settled on August 15, 2013; provided, however, that Mr. Merrill may elect to settle the prepaid stock purchase contracts at any time prior to the automatic settlement date.
Represents maximum number of shares of common stock to be issued upon settlement of the stock purchase contracts included with the TEUs. The number of shares issuable upon automatic settlement is based on the market value of the common stock as of the automatic settlement date and will be between 3.5126 shares per TEU to 4.3029 shares per TEU. Stock purchase contracts settled prior to August 15, 2013 will be settled at a rate of 3.5126 shares per TEU.
7 1/2% Mandatory Convertible Subordinated Notes due 2013 ("Convertible Notes") will automatically convert into shares of common stock on January 15, 2013 (the "stated maturity date"); provided, however, that Mr. Merrill may elect to convert the Convertible Notes at any time prior to the stated maturity date.
Represents maximum number of shares of common stock to be issued upon settlement of the Convertible Notes. The number of shares issuable on the stated maturity date is based on the applicable market value of the common stock on such date and will be between 4.4547 shares per $25 principal amount converted and 5.4348 shares per $25 principal amount converted, subject to adjustment in certain circumstances. Convertible Notes converted at Mr. Merrill's election prior to the stated maturity date will be converted at a rate of 4.4547 shares per $25 principal amount, subject to adjustment in certain circumstances.
/s/ Allan P. Merrill
2011-05-26