Adeptus Health Inc. 4
4 · Adeptus Health Inc. · Filed Jun 10, 2016
Insider Transaction Report
Form 4
JORDAN ANDREW M
Chief Marketing Officer
Transactions
- Disposition to Issuer
Units of Adeptus Health LLC
2016-06-08$60.53/sh−23,880$1,445,397→ 27,652 total→ Class A Common Stock (23,880 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 Adeptus Health Inc. (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 $62.00 per share, the public offering price per share of Class A Common Stock, less an amount equal to the underwriting discount of $1.4725 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.