SHERIFF W E 4
4 · Brookdale Senior Living Inc. · Filed Dec 17, 2009
Insider Transaction Report
Form 4
SHERIFF W E
Chief Executive Officer
Transactions
- Sale
Common Stock
2009-12-16$18.63/sh−36,750$684,763→ 900,102 total
Holdings
- 29,000(indirect: By Partnership)
Common Stock
- 241,552(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]Represents the sale of shares to satisfy tax withholding obligations due upon the vesting and payout of restricted stock units previously granted to the reporting person. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- [F2]This transaction was executed in multiple trades at prices ranging from $18.5519 to $18.7410. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- [F3]2,000 of these shares were previously reported as indirectly beneficially owned by Sheriff Financial, LLC. Subsequent to the date of the reporting person's last report, such shares were distributed to the reporting person.