ADCARE HEALTH SYSTEMS INC 5
5 · ADCARE HEALTH SYSTEMS INC · Filed Feb 21, 2008
Insider Transaction Report
Form 5
LEVINE JEFFREY L
Director
Transactions
- Award
Warrants
2007-11-20+14,000→ 16,000 totalExercise: $1.20From: 2007-11-20Exp: 2017-11-20→ Common Stock (14,000 underlying) - Expiration
Warrants
2007-09-12−14,000→ 16,000 totalExercise: $1.46From: 2007-10-01Exp: 2012-10-01→ Common Stock (14,000 underlying)
Holdings
- 7,000
Common Stock
- 16,000
Warrants
Exercise: $5.40From: 2006-11-10Exp: 2011-11-10→ Common Stock (2,000 underlying) - 7,000
Options
Exercise: $1.50From: 2007-05-09Exp: 2012-05-09→ Common Stock (7,000 underlying)
Footnotes (4)
- [F1]Merger discussions discontinued.
- [F2]The warrants will only become exercisable upon closing of the Merger of the Company and Family Home Health Services, Inc. and will terminate and expire unless exercised on or before the 5th anniversary of the closing.
- [F3]Warrants were awarded to officers and directors.
- [F4]These are 10 year warrants that will vest equally over a 5 year period, however that vesting will be accelerated in the event there is a "change in control" of the Company or a termination without cause of person(s) comprising the management team.