NATIONWIDE HEALTH PROPERTIES, LLC 4
4 · NATIONWIDE HEALTH PROPERTIES, LLC · Filed Jul 6, 2011
Insider Transaction Report
Form 4
RUSSELL KEITH P
Director
Transactions
- Disposition to Issuer
Common Stock
2011-07-01−6,000→ 15,000 total - Disposition to Issuer
Common Stock
2011-07-01−15,000→ 0 total
Footnotes (2)
- [F1]Immediately prior to the Effective Time (as defined in the Agreement and Plan of Merger (the "Merger Agreement"), dated February 27, 2011, by and among Ventas, Inc., Needles Acquisition LLC and Nationwide Health Properties, Inc.), 6,000 restricted stock units became fully vested and any restrictions with respect thereto lapsed. At the Effective Time, such restricted stock units were cancelled pursuant to the Merger Agreement in exchange for the right to receive $41.8689 per restricted stock unit in cash.
- [F2]At the Effective Time, these shares were cancelled pursuant to the Merger Agreement in exchange for the right to receive 11,799 shares of Ventas, Inc. common stock having a market value of $53.74 per share, based on the closing price of Ventas, Inc. common stock on July 1, 2011.