Home/Filings/4/0000899243-19-025015
4//SEC Filing

Bunker Derek J 4

Accession 0000899243-19-025015

CIK 0001766400other

Filed

Oct 2, 8:00 PM ET

Accepted

Oct 3, 8:31 PM ET

Size

17.6 KB

Accession

0000899243-19-025015

Insider Transaction Report

Form 4
Period: 2019-10-01
Bunker Derek J
See Remarks
Transactions
  • Award

    Stock Option (right to buy)

    2019-10-01+9,4299,429 total
    Exercise: $6.23Exp: 2026-05-26Common Stock (9,429 underlying)
  • Award

    Stock Option (right to buy)

    2019-10-01+50,00050,000 total
    Exercise: $15.09Exp: 2029-10-01Common Stock (50,000 underlying)
  • Award

    Stock Option (right to buy)

    2019-10-01+9,4299,429 total
    Exercise: $12.28Exp: 2028-08-23Common Stock (9,429 underlying)
  • Award

    Stock Option (right to buy)

    2019-10-01+12,57212,572 total
    Exercise: $6.45Exp: 2027-02-06Common Stock (12,572 underlying)
  • Award

    Common Stock

    2019-10-01+32,03132,031 total
  • Award

    Stock Option (right to buy)

    2019-10-01+6,2866,286 total
    Exercise: $6.33Exp: 2026-02-08Common Stock (6,286 underlying)
Footnotes (6)
  • [F1]Shares of common stock received in the October 1, 2019 pro rata distribution of shares of The Pennant Group, Inc. (the "Registrant") by The Ensign Group, Inc. to its stockholders (the "Spin-off") and shares of Cornerstone Healthcare, Inc. converted into shares of the Registrant pursuant to the merger of Cornerstone Merger Sub, Inc., a wholly-owned subsidiary of the Registrant, with and into Cornerstone Healthcare, Inc., with Cornerstone Healthcare, Inc. as the surviving corporation, in connection with the Spin-off.
  • [F2]Options assumed on October 1, 2019 by the Registrant under The Ensign Group, Inc. 2007 Omnibus Incentive Plan as a result of the Spin-off. 3,772 of these options have vested. 1,257 will vest on February 8, 2020 and 1,257 will vest on February 8, 2021.
  • [F3]Options assumed on October 1, 2019 by the Registrant under The Ensign Group, Inc. 2007 Omnibus Incentive Plan as a result of the Spin-off. 5,658 of these options have vested. 1,886 will vest on May 26, 2020 and 1,885 will vest on May 26, 2021.
  • [F4]Options assumed on October 1, 2019 by the Registrant under The Ensign Group, Inc. 2007 Omnibus Incentive Plan as a result of the Spin-off. 5,030 of these options have vested. 2,514 will vest on February 6, 2020, 2,514 will vest on February 6, 2021 and 2,514 will vest on February 6, 2022.
  • [F5]Options assumed on October 1, 2019 by the Registrant under The Ensign Group, Inc. 2017 Omnibus Incentive Plan as a result of the Spin-off. 1,886 of these options have vested. 1,886 will vest on August 23, 2020, 1,886 will vest on August 23, 2021, 1,886 will vest on August 23, 2022 and 1,885 will vest on August 23, 2023.
  • [F6]Options granted on October 1, 2019 under The Pennant Group, Inc. 2019 Omnibus Incentive Plan. The options vest in five equal annual installments beginning on the first anniversary of the date of the grant.

Issuer

Pennant Group, Inc.

CIK 0001766400

Entity typeother

Related Parties

1
  • filerCIK 0001772381

Filing Metadata

Form type
4
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 8:31 PM ET
Size
17.6 KB