ADCARE HEALTH SYSTEMS, INC 4/A
4/A · ADCARE HEALTH SYSTEMS, INC · Filed Nov 14, 2013
Insider Transaction Report
Form 4/AAmended
GENTRY BOYD P
DirectorCEO
Transactions
- Award
Stock Option (Right to Buy)
2013-11-12+27,778→ 27,778 totalExercise: $4.06Exp: 2024-01-01→ Common Stock (27,778 underlying)
Footnotes (3)
- [F1]Stock Option issued to the Reporting Person pursuant to AdCare Health System Inc.'s 2011 Stock Option Plan and in respect of 2014 compensation.
- [F2]This Amendment is being filed to correct certain errors in the original report, including to provide the correct exercise price of the Stock Option of $4.06 per share. The original Form 4 listed the exercise price of the Stock Option as $1.80, which is the grant date value of the Stock Option calculated in accordance with Black-Scholes-Merton option-pricing model.
- [F3]The Stock Option is exercisable with respect to 1/12 of the underlying shares of common stock on the last day of each month of 2014.