ADCARE HEALTH SYSTEMS INC 4
4 · ADCARE HEALTH SYSTEMS INC · Filed Jun 11, 2007
Insider Transaction Report
Form 4
LEVINE JEFFREY L
Director
Transactions
- Award
Options
2007-05-09$1.50/sh+7,000$10,500→ 7,000 totalExercise: $1.50From: 2007-05-09Exp: 2012-05-09→ Common Stock (7,000 underlying) - Award
Warrants
2007-06-05$1.46/sh+14,000$20,440→ 16,000 totalExercise: $1.46From: 2007-10-01Exp: 2012-10-01→ Common Stock (14,000 underlying)
Footnotes (1)
- [F1]The warrants will only become exercisable upon closing of the Merger of the Company and Family Home Health Services, Inc. and will terminate and expire unless exercised on or before the 5th anniversary of the closing.