4/A//SEC Filing
SARATOGA MANAGEMENT CO LLC 4/A
Accession 0001181431-05-035372
CIK 0001001604other
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 4:15 PM ET
Size
7.4 KB
Accession
0001181431-05-035372
Insider Transaction Report
Form 4/AAmended
SARATOGA MANAGEMENT CO LLC
10% Owner
Transactions
- Other
Series B Convertible
2005-04-01$1000.00/sh+366$366,000→ 36,970 total(indirect: See Footnote)Exercise: $7.22From: 2005-04-01→ Common Stock $.0001 par value (53,121 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: Saratoga Partners IV, LP (343 shares), Saratoga Management Company, LLC (14 shares) and Saratoga Coinvestment IV LLC (9 shares). The shares of Stock issued to Saratoga Management Company, LLC, were issued in its capacity as Agent and attorney-in-fact for four individuals who are principals of the affiliated entities. As a result, the Reporting Person is deemed to have indirect beneficial ownership as follows: (i) as to the 343 shares of Stock issued directly to Saratoga Partners IV, L.P., as Manager of Saratoga Associates IV LLC which is the General Partner of Saratoga Partners IV, L.P.; (ii) as to the 14 shares of Stock issued to the Reporting Person, as agent and attorney-in-fact for the principals; and (iii) as to the 9 shares issued to Saratoga Coinvestment IV, LLC, as its Managing Member.
- [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.
Documents
Issuer
EMERITUS CORP\WA\
CIK 0001001604
Entity typeother
Related Parties
1- filerCIK 0001102904
Filing Metadata
- Form type
- 4/A
- Filed
- Jun 16, 8:00 PM ET
- Accepted
- Jun 17, 4:15 PM ET
- Size
- 7.4 KB