UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Appreciation Rights | Â (1) | 07/14/2014 | Common Stock | 2,625 | $ 0 | D | Â |
Dividend Equivalent Rights | Â (2) | 07/14/2014 | Common Stock | 35 | $ (2) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Cary William 2002 SUMMIT BOULEVARD SUITE 100 ATLANTA, GA 30319 |
 |  |  SVP of Loan Operations |  |
/s/Alana L. Griffin, as Attorney in Fact | 12/22/2004 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The Stock Appreciation Rights ("SARs") vest in four equal installments, beginning on July 14, 2005. |
(2) | Represents restricted stock units ("RSUs") acquired pursuant to a dividend equivalent rights feature of SARs awarded under the HomeBanc Corp. Amended and Restated 2004 Long-Term Incentive Plan. The RSUs become exercisable proportionately with the SARs to which they relate. Upon exercise of the SARs, the value of the accumulated RSUs (based on the fair market value of the issuer's common stock at the time of exercise) will be added to the amount payable upon exercise of the SARs, and the total value will be converted to shares of common stock to be delivered to the Reporting Person. |