MARTIN LINDA L 4
4 · ASSISTED LIVING CONCEPTS INC · Filed Feb 7, 2005
Insider Transaction Report
Form 4Exit
MARTIN LINDA L
SVP and COO
Transactions
- Disposition to Issuer
Common Stock
[F1]2005-01-31$18.50/sh−40,487$749,010→ 0 total - Disposition to Issuer
Non Qualified Stock Option
[F3][F2]2005-01-31$18.50/sh−7,028$130,018→ 0 totalExercise: $2.94Exp: 2012-08-09→ Common Stock (7,028 underlying) - Disposition to Issuer
Non Qualified Stock Option
[F3][F2]2005-01-31$18.50/sh−17,500$323,750→ 0 totalExercise: $3.84Exp: 2013-05-08→ Common Stock (17,500 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the merger agreement between issuer and Extendicare Health Services, Inc. as of the effective date of the merger, which was 1/31/05.
- [F2]The merger agreement provided for the accelerated vesting of all options as of the effective date of the merger.
- [F3]The option was canceled in the merger in exchange for a cash payment of $18.50 a share less the per share exercise price.
Signature
/s/ Edward A. Barnes, Attorney-in-fact for Linda L. Martin|2005-02-07