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4//SEC Filing

KAPSON SENIOR QUARTERS CORP 4

Accession 0000895345-98-000119

CIK 0001016558operating

Filed

Mar 5, 7:00 PM ET

Accepted

Size

15.5 KB

Accession

0000895345-98-000119

Insider Transaction Report

Form 4
Period: 1997-10-14

No transactions or holdings reported in this filing.

Footnotes (3)
  • [1]This Form 4 is also filed on behlf of Lazard Freres Real Estate Investors L.L.C.
  • [2]Pursuant to a Stockholders Agreement, dated as of September 30, 1997 (the "Agreement"), between Prometheus Senior Quarters LLC ("Prometheus") and certain stockholders (the "Stockholders") of Kapson Senior Quarters Corp. (the "Company"), the Stockholders granted Prometheus an option (the "Option") to purchase 3,849,999 shares of the Common Stock, $.01 par value per share, of the Company (the "Shares") beneficially owned by the Stock- holders. On October 14, 1997, the Agreement was amended and the number of Shares covered by the Option was increased to include 300,001 shares over which the Stockholders had dispositive power pursuant to a power of attorney.
  • [3]Prometheus Senior Quarters LLC is the direct beneficial owner of the Stock Option. Lazard Freres Real Estate Investors L.L.C., as the sole member of Prometheus Senior Quarters LLC, may be deemed beneficial owner of the Stock Option owned by Prometheus Senior Quarters LLC. However, this Form 4 shall not be deemed an admission that Lazard Freres Real Estate Investors, L.L.C. is the beneficial owner of the Stock Option covered by this statement.

Documents

1 file

Issuer

KAPSON SENIOR QUARTERS CORP

CIK 0001016558

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001016558

Filing Metadata

Form type
4
Filed
Mar 5, 7:00 PM ET
Size
15.5 KB