5//SEC Filing
Radcliffe Philip S 5
Accession 0001382757-10-000001
CIK 0001004724other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 9:00 AM ET
Size
23.8 KB
Accession
0001382757-10-000001
Insider Transaction Report
Form 5
Radcliffe Philip S
Director
Transactions
- Award
Common Stock
2009-12-07+4,450→ 17,287 total - Other
Warrants
2009-12-07−4,450→ 18,800 totalFrom: 2012-11-16Exp: 2017-11-16→ Common Stock (4,450 underlying) - Small Acquisition
Common Stock
2009-12-31+712→ 17,287 total
Holdings
- 8,200
Options
Exercise: $2.50From: 2007-08-27Exp: 2012-08-27→ Common Stock (400 underlying) - 8,200
Options
Exercise: $1.50From: 2007-05-09Exp: 2012-05-09→ Common Stock (1,400 underlying) - 8,200
Options
Exercise: $1.50From: 2008-05-09Exp: 2013-05-09→ Common Stock (1,400 underlying) - 17,287
Common Stock
- 18,800
Warrants
Exercise: $2.50From: 2006-11-07Exp: 2014-12-08→ Common Stock (1,000 underlying) - 18,800
Warrants
Exp: 2017-11-16→ Common Stock (17,800 underlying) - 8,200
Options
Exercise: $2.50From: 2005-08-24Exp: 2010-08-27→ Common Stock (400 underlying) - 8,200
Options
Exercise: $2.50From: 2006-08-27Exp: 2011-08-27→ Common Stock (400 underlying) - 8,200
Options
Exercise: $1.50From: 2009-05-09Exp: 2014-05-09→ Common Stock (1,400 underlying) - 8,200
Options
Exercise: $1.50From: 2010-05-09Exp: 2015-05-09→ Common Stock (1,400 underlying) - 8,200
Options
Exercise: $1.50From: 2011-05-09Exp: 2016-05-09→ Common Stock (1,400 underlying)
Footnotes (5)
- [F1]On August 15, 2008 the shareholders approved an incentive plan which granted warrants to certain officers and directors. The warrants vested over a five year period. On December 7, 2009 the shareholders approved an amendment to the incentve plan to eliminate 218,461 unvested warrants. The amendment further called for 218461 shares of the Company's common stock with a one year restriction on transfer to be issued.
- [F2]Shares were purchased throuhout 2009 at various prices by particiaption in the AdCare Health System Employee Stock Purchase Program.
- [F3]The exerccise price of the warrants was based upon the average closing price of the Company's common stock on NYSE-Amex during January 2011 but was not less than $3.00 per share.
- [F4]On December 21, 2009 the warrant holders voted to amend the warrant agreement to decrease the exercise price from $5.40 to $2.50 and to extend the expiratin date to 12/8/2014 the fifth anniversary date of the Company's private offering.
- [F5]The exerccise price of the warrants vested in 2008 was $1.21 per share, those vested in 2009 was $2.25, those vested in 2010 was $3.00 and those vesting in 2011 is $4.00 per share.
Documents
Issuer
ADCARE HEALTH SYSTEMS INC
CIK 0001004724
Entity typeother
Related Parties
1- filerCIK 0001382757
Filing Metadata
- Form type
- 5
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 9:00 AM ET
- Size
- 23.8 KB