4//SEC Filing
Malone Michael D 4
Accession 0000899243-21-037331
CIK 0001610114other
Filed
Sep 22, 8:00 PM ET
Accepted
Sep 23, 4:15 PM ET
Size
7.4 KB
Accession
0000899243-21-037331
Insider Transaction Report
Form 4
Malone Michael D
Director
Transactions
- Disposition to Issuer
Common Stock
2021-09-21−15,129→ 0 total - Disposition to Issuer
Common Stock
2021-09-21−68,537.24→ 0 total
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of June 28, 2021 (as amended, supplemented or otherwise modified from time to time, the "Merger Agreement"), by and among New Senior Investment Group Inc., a Delaware corporation ("New Senior"), Ventas, Inc., a Delaware corporation ("Ventas") and Cadence Merger Sub LLC, a Delaware limited liability company and subsidiary of Ventas, each outstanding share of New Senior common stock, par value $0.01 ("Common Stock"), was converted into the right to receive 0.1561 (the "Exchange Ratio") of a newly issued share of Ventas common stock, par value $0.25 per share ("Ventas Common Stock"). Holders of record of Common Stock will receive cash in lieu of fractional shares.
- [F2]Pursuant to the Merger Agreement, each outstanding New Senior restricted stock unit award became fully vested and was canceled and converted into the right to receive a number of shares of Ventas Common Stock equal to the product of (a) the Exchange Ratio and (b) the number of shares of Common Stock subject to such restricted stock unit award, less applicable withholding taxes.
Documents
Issuer
New Senior Investment Group Inc.
CIK 0001610114
Entity typeother
Related Parties
1- filerCIK 0001421021
Filing Metadata
- Form type
- 4
- Filed
- Sep 22, 8:00 PM ET
- Accepted
- Sep 23, 4:15 PM ET
- Size
- 7.4 KB