Adeptus Health Inc. 4
4 · Adeptus Health Inc. · Filed May 13, 2015
Insider Transaction Report
Form 4
JORDAN ANDREW M
Chief Marketing Officer
Transactions
- Disposition to Issuer
Units of Adeptus Health LLC (1)
2015-05-11$60.08/sh−16,360$982,909→ 86,999 total→ Class A Common Stock (16,360 underlying)
Footnotes (3)
- [F1]Units of Adeptus Health LLC represent limited liability company units of Adeptus Health LLC and an equal number of shares of Class B Common Stock of the Issuer, which together are exchangeable on a one-for-one basis for shares of Class A Common Stock of the Issuer pursuant to the Amended and Restated Limited Liability Company Agreement of Adeptus Health LLC.
- [F2]Represents a purchase of limited liability company units of Adeptus Health LLC by the Issuer from the Reporting Person at $63.75 per share, the public offering price per share of Class A Common Stock, less an amount equal to the underwriting discount of $3.665624 per share. In connection with the purchase, an equivalent number of shares of Class B Common Stock of the Issuer were cancelled.
- [F3]Represents Units of Adeptus Health LLC that were granted in the form of restricted units, a portion of which is subject to time-based vesting criteria.