Home/Filings/4/0001209191-10-011683
4//SEC Filing

ASSISTED LIVING CONCEPTS INC 4

Accession 0001209191-10-011683

CIK 0000929994operating

Filed

Feb 23, 7:00 PM ET

Accepted

Feb 24, 12:02 PM ET

Size

6.8 KB

Accession

0001209191-10-011683

Insider Transaction Report

Form 4
Period: 2010-02-22
BUONO JOHN
Chief Financial Officer
Transactions
  • Award

    Tandem Stock Option/SARs (right to buy)

    2010-02-22+6,0008,000 total
    Exercise: $15.35From: 2010-02-22Exp: 2014-02-22Class A Common Stock (6,000 underlying)
Footnotes (4)
  • [F1]Tandem non-qualified stock options and stock appreciation rights for shares of the Issuer's Class A Common Stock ("Options/SAR's") granted on February 22, 2009. The exercise price is the mean of the high and low prices of the Issuer's Class A Common Stock on the New York Stock Exchange on February 26, 2009, the second business day following the Issuer's public release of quarterly financial results.
  • [F2]Share amounts and exercise price have been adjusted to reflect the March 16, 2009 one-for-five reverse stock split. Following the reverse stock split, Mr. Buono also had direct beneficial ownership of 4000 shares of the Issuer's Class A Common Stock.
  • [F3]Reflects Options/SARs that satisfied the performance-based vesting conditions on February 22, 2010 upon achievement of certain performance criteria relating to 2009 performance.
  • [F4]The Options/SARs become exercisable in three equal annual installments beginning on February 22, 2010.

Issuer

ASSISTED LIVING CONCEPTS INC

CIK 0000929994

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0000929994

Filing Metadata

Form type
4
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 12:02 PM ET
Size
6.8 KB