VICK STEVEN L 4
4 · ASSISTED LIVING CONCEPTS INC · Filed Feb 7, 2005
Insider Transaction Report
Form 4
VICK STEVEN L
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Non Qualified Stock Option
2005-01-31$18.50/sh−65,000$1,202,500→ 0 totalExercise: $3.13Exp: 2012-03-06→ Common Stock (65,000 underlying)
Footnotes (2)
- [F1]The merger agreement between issuer and Extendicare Health Services, Inc. provided for the accelerated vesting of all options as of the effective date of the merger, which was 1/31/05.
- [F2]The option was canceled in the merger in exchange for a cash payment of $18.50 a share less the per share exercise price.