GENTRY BOYD P 4
4 · ADCARE HEALTH SYSTEMS INC · Filed Sep 9, 2011
Insider Transaction Report
Form 4
GENTRY BOYD P
DirectorCEO
Transactions
- Conversion
Common Stock
2011-09-07$2.38/sh+23,625$56,228→ 36,750 total - Exercise of In-Money
Warrants
2011-09-07$2.38/sh−23,125$55,038→ 250,000 totalExercise: $2.50From: 2006-11-06Exp: 2014-12-08→ Common Stock (23,625 underlying)
Footnotes (3)
- [F1]Warrant had an original exercise price of $2.50 but the price was adjusted due to the 5% stock dividend given by the company September 30, 2011.
- [F2]Warrants were called by the issuing Company.
- [F3]Warrants were adjusted by the 5% dividend given by the Company September 30, 2010.