4//SEC Filing
KAPSON SENIOR QUARTERS CORP 4
Accession 0000895345-98-000125
CIK 0001016558operating
Filed
Mar 8, 7:00 PM ET
Accepted
—
Size
16.1 KB
Accession
0000895345-98-000125
Insider Transaction Report
Form 4
No transactions or holdings reported in this filing.
Footnotes (3)
- [1]This Form 4 is also filed on behlf of LF Strategic Realty Investors II L.P. and 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. On February 23, 1998, the Agreement was again amended and the price at which Prometheus may purchase the Shares pursuant to the Option was decreased from $16.00 to $14.50 per share.
- [3]Prometheus Senior Quarters LLC is the direct beneficial owner of the Stock Option. LF Strategic Realty Investors II L.P., as the sole member of Prometheus Senior Quarters LLC, may be deemed beneficial owner of the Stock Option owned by Prometheus Senior Quarters LLC. Lazard Freres Real Estate Investors L.L.C. is the general partner of LF Strategic Realty Investors II L.P. However, this Form 4 shall not be deemed an admission that either of LF Strategic Realty Investors II L.P. or Lazard Freres Real Estate Investors, L.L.C. is the beneficial owner of the Stock Option covered by this statement.
Documents
Issuer
KAPSON SENIOR QUARTERS CORP
CIK 0001016558
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001016558
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 7:00 PM ET
- Size
- 16.1 KB