VISTACARE, INC. 4
4 · VISTACARE, INC. · Filed Jan 18, 2008
Insider Transaction Report
Form 4
VISTACARE, INC.VSTA
TIMON PHILIP C
10% Owner
Transactions
- Sale
Class A Common Stock, $0.01 par value per share
2008-01-16$8.31/sh−79,664$662,326→ 655,000 total(indirect: See Footnotes) - Sale
Class A Common Stock, $0.01 par value per share
2008-01-16$8.30/sh−60,000$498,300→ 2,119,664 total(indirect: See Footnotes) - Sale
Class A Common Stock, $0.01 par value per share
2008-01-16$8.33/sh−1,385,000$11,534,142→ 734,664 total(indirect: See Footnotes)
Footnotes (2)
- [F1]Endowment Capital, L.P., and Long Drive, L.P., each a Delaware limited partnership (collectively, the "Limited Partnerships"), own in the aggregate 655,000 shares of the Class A Common Stock, $0.01 par value per share (the "Shares") of VistaCare, Inc., a Delaware corporation (the "Company"), as of January 16, 2008 (the "Reporting Date"). Endowment Capital Group, LLC, a Delaware limited liability company ("Endowment LLC"), is the sole general partner of each of the Limited Partnerships. Mr. Philip C. Timon is the sole managing member of Endowment LLC. As a result, Mr. Timon possesses the sole power to vote and the sole power to direct the disposition of the Shares held by the Limited Partnerships.
- [F2]Thus, as of the Reporting Date, for the purposes of Reg. Section 240.13d-3, Mr. Timon is deemed to beneficially own 655,000 Shares, or approximately 4.0% of the Shares deemed issued and outstanding as of the Reporting Date. Mr. Timon's interest in the Shares is limited to his pecuniary interest, if any, in the Limited Partnerships.