Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
CREGG ROGER A
   2. Issuer Name and Ticker or Trading Symbol
AV Homes, Inc. [AVHI] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and CEO
(Last)
(First)
(Middle)
8601 N. SCOTTSDALE RD., SUITE 225		 3. Date of Earliest Transaction (Month/Day/Year)
02/04/2015
(Street)

SCOTTSDALE, AZ 85253		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/04/2015   P(1)   5,983 A $ 15.6335 (3) 225,066 D  
Common Stock 02/04/2015   P(1)   100 A $ 16.21 225,166 D  
Common Stock 02/04/2015   D(2)   196 D $ 0 224,970 D  
Common Stock 02/05/2015   P(1)   1,600 A $ 15.4541 (4) 226,570 D  
Common Stock 02/06/2015   P(1)   2,317 A $ 15.072 (5) 228,887 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
CREGG ROGER A
8601 N. SCOTTSDALE RD.
SUITE 225
SCOTTSDALE, AZ 85253		   X     President and CEO  

Signatures

 /s/ Gary Shullaw, attorney-in-fact for Roger A. Cregg   02/06/2015
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) Purchases effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 24, 2014.
(2) This disposition represents shares cancelled by the Issuer in connection with the December 3, 2012 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.
(3) Reflects the weighted average price of 5,983 shares of common stock of AV Homes, Inc. purchased by the reporting person in multiple transactions on February 4, 2015 with purchase prices ranging from $15.18 to $16.16 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
(4) Reflects the weighted average price of 1,600 shares of common stock of AV Homes, Inc. purchased by the reporting person in multiple transactions on February 5, 2015 with purchase prices ranging from $15.35 to $15.64 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
(5) Reflects the weighted average price of 2,317 shares of common stock of AV Homes, Inc. purchased by the reporting person in multiple transactions on February 4, 2015 with purchase prices ranging from $14.82 to $15.27 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.

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