Tyler Raymond L 4
4 · ADVOCAT INC · Filed Mar 17, 2009
Insider Transaction Report
Form 4
ADVOCAT INCAVCA
Tyler Raymond L
SVP of Nursing Home Operations
Transactions
- Award
Stock Settled Stock Appreciation Right
2009-03-13+15,000→ 15,000 totalExercise: $2.37From: 2010-03-13Exp: 2019-03-13→ Common Stock (15,000 underlying) - Award
Restricted Stock Units
2009-03-13$10000.00/sh+4,830.92$48,309,200→ 4,830.92 totalFrom: 2011-03-13→ Common Stock (4,830.92 underlying)
Holdings
- 15,000
Stock Settled Stock Appreciation Right
Exercise: $10.88Exp: 2018-03-14→ Common Stock (15,000 underlying) - 3,230
Common Stock
- 15,000
Stock Settled Stock Appreciation Right
Exercise: $11.59Exp: 2017-03-07→ Common Stock (15,000 underlying) - 50,000
Stock Options (right to buy)
→ Common Stock
Footnotes (4)
- [F1]Mr. Tyler has elected to receive $10,000 of his cash bonus in Restricted Stock Units under the terms of the Advocat Inc. 2008 Stock Purchase Plan for Key Personnel. Each Restricted Stock Unit is equal to one share.
- [F2]The Restricted Stock Unit Shall vest and be exercisable in full on the 2nd anniversary of the Grant Date (03/13/2009).
- [F3]Vests 1/3 on first anniversary of the date of grant, 1/3 on the second anniversary of the date of grant, and 1/3 on the third anniversary of the date of grant.
- [F4]Represents the stock option holdings for Mr. Tyler on date of filing.