Hennigar David 4
4 · ASSISTED LIVING CONCEPTS INC · Filed Dec 23, 2008
Insider Transaction Report
Form 4
Hennigar David
Director
Transactions
- Sale
Class A Common Stock
2008-12-22$3.92/sh−52,000$203,835→ 28,000 total
Holdings
- 15,400
Class B Common Stock
→ Class A Common Stock (16,555 underlying)
Footnotes (2)
- [F1]This amount represents the weighted average sale price for the transactions reported on this line. The actual sale prices ranged from $3.90 to $3.95. The reporting person hereby agrees to provide, upon request by the SEC staff, by the Issuer, or by any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F2]Each share of Class B Common Stock is convertible at any time, at the holder's election, into 1.075 shares of Class A Common Stock, and has no expiration date. In addition, any shares of Class B Common Stock transferred to a person other than a permitted holder of Class B Common Stock, as provided in the Issuer's Amended and Restated Articles of Incorporation, will automatically convert into shares of Class A Common Stock on the same basis upon any such transfer.