4//SEC Filing
Schwartz Daniel 4
Accession 0001179110-18-005333
CIK 0000799231other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 6:46 PM ET
Size
19.2 KB
Accession
0001179110-18-005333
Insider Transaction Report
Form 4
Schwartz Daniel
Sr. VP Operations
Transactions
- Tax Payment
Common Stock
2018-03-31$56.00/sh−4,855$271,880→ 16,586 total - Disposition to Issuer
Option (right to buy)
2018-04-01−5,700→ 0 totalExercise: $36.03Exp: 2026-03-03→ Common Stock (5,700 underlying) - Disposition to Issuer
Option (right to buy)
2018-04-01−5,400→ 0 totalExercise: $24.28Exp: 2024-03-16→ Common Stock (5,400 underlying) - Disposition to Issuer
Option (right to buy)
2018-04-01−4,300→ 0 totalExercise: $49.05Exp: 2027-03-09→ Common Stock (4,300 underlying) - Disposition to Issuer
Option (right to buy)
2018-04-01−8,800→ 0 totalExercise: $19.52Exp: 2023-05-08→ Common Stock (8,800 underlying) - Disposition to Issuer
Common Stock
2018-04-01−16,586→ 0 total - Disposition to Issuer
Option (right to buy)
2018-04-01−4,900→ 0 totalExercise: $37.28Exp: 2025-03-01→ Common Stock (4,900 underlying)
Footnotes (9)
- [F1]Granted pursuant to the 2013 Stock and Incentive Compensation Plan.
- [F2]The option became vested in four equal annual installments beginning May 9, 2013.
- [F3]This option would have vested in four equal annual installments beginning March 17, 2014; however, the vesting of this option was accelerated in connection with the transactions contemplated by the Merger Agreement.
- [F4]The option would have vested in four equal annual installments beginning March 2, 2015; however, the vesting of this option was accelerated in connection with the transactions contemplated by the Merger Agreement.
- [F5]The option would have vested in four equal annual installments beginning March 4, 2016; however, the vesting of this option was accelerated in connection with the transactions contemplated by the Merger Agreement.
- [F6]The option would have vested in four equal annual installments beginning March 10, 2017; however, the vesting of this option was accelerated in connection with the transactions contemplated by the Merger Agreement.
- [F7]Payment of tax liability by delivery of securities in connection with vesting of previously issued shares of restricted stock in accordance with rule 16b-3.
- [F8]Pursuant to the Agreement and Plan of Merger, dated as of November 15, 2017 (the "Merger Agreement"), by and among the Issuer, LHC Group, Inc. ("LHC Group"), and Hammer Merger Sub, Inc., a wholly owned subsidiary of LHC Group ("Merger Sub"), each share of the Issuer's common stock was converted to 0.9150 shares of LHC Group common stock, with any fractional shares being paid out in cash. The shares of common stock of LHC Group had a market value of $61.56 per share as of the close of trading on NASDAQ on March 29, 2018, the last trading day immediately preceding April 1, 2018, the effective date of the merger.
- [F9]Pursuant to the Merger Agreement, each option to purchase shares of the Issuer's common stock, whether vested or unvested, that was outstanding immediately prior to the effective time of the merger was converted into an option to purchase, on the same terms and conditions as were applicable under the Issuer stock option immediately prior to the effective time of the merger, a number of shares of LHC Group common stock (rounded down to the nearest whole share) equal to the product obtained by multiplying (x) the total number of shares of Issuer common stock subject to the Issuer option by (y) 0.9150, at a per share exercise price, rounded up to the nearest whole cent, equal to the quotient obtained by dividing (i) the per share exercise price for each share of Issuer common stock subject to the Issuer option by (ii) 0.9150.
Documents
Issuer
ALMOST FAMILY INC
CIK 0000799231
Entity typeother
Related Parties
1- filerCIK 0001452860
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 6:46 PM ET
- Size
- 19.2 KB