DURKIN CHARLES P JR 4/A
4/A · EMERITUS CORP\WA\ · Filed Jun 17, 2005
Insider Transaction Report
Form 4/AAmended
DURKIN CHARLES P JR
Director10% Owner
Transactions
- Other
Series B Convertible
2005-04-01$1000.00/sh+362$362,000→ 36,482 total(indirect: See Footnote)Exercise: $7.22From: 2005-04-01→ Common Stock $.0001 par value (52,540 underlying) - Other
Series B Convertible
2005-04-01$1000.00/sh+4$4,000→ 488 totalExercise: $7.22From: 2005-04-01→ Common Stock $.0001 par value (580 underlying)
Footnotes (5)
- [F1]Pursuant to the terms of the Series B Convertible Preferred Stock (the "Stock"), the issuer issued 366 shares of the Stock as an in-kind dividend to the following affiliated entities, of which the Reporting Person is a principal: Saratoga Partners IV, LP (343 shares), Saratoga Management Company, LLC (14 shares) and Saratoga Coinvestment IV LLC (9 shares). Saratoga Management Company, LLC is also the attorney-in-fact and agent for the Reporting Person as to 4 of the shares of Stock issued to it. Therefore, of the 366 shares of Stock issued, the Reporting Person is deemed to have an indirect beneficial ownership in 362 shares and a direct beneficial ownership in 4 shares of the Stock.
- [F2]Represents shares on an as-converted basis. The conversion rate was incorrect on the prior Form 4 and this amendment reflects the correct conversion rate of approximately 145.14.
- [F3]Preferred Stock, par value $.0001, with stated value of $1,000 per share.
- [F4]Per share of Preferred Stock.
- [F5]There is no expiration date for the conversion rights of the Series B Convertible Preferred Shares.