4//SEC Filing
COUNCIL WILLIAM R III 4
Accession 0001209191-10-048660
CIK 0000919956other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 4:12 PM ET
Size
19.0 KB
Accession
0001209191-10-048660
Insider Transaction Report
Form 4
ADVOCAT INCAVCA
COUNCIL WILLIAM R III
DirectorChief Executive Officer
Transactions
- Award
2010 Restricted Stock Units
2010-09-30+44.14→ 4,586.6 total→ Common Stock (44.14 underlying) - Award
2009 Restricted Stock Units
2010-09-30+129.83→ 13,490.9 total→ Common Stock (129.83 underlying)
Holdings
- 25,000
Stock Settled Stock Appreciation Right
Exercise: $5.45From: 2011-06-18Exp: 2020-06-18→ Common Stock (25,000 underlying) - 64,713
Common Stock
- 75,000
Stock Options (right to buy)
Exercise: $5.44Exp: 2015-12-13→ Common Stock (75,000 underlying)
Footnotes (5)
- [F1]These restricted stock units accrued on restricted stock units originally granted to the reporting person in March 2010 and March 2009 in connection with a dividend declared on the Issuer's common stock. When the issuer declares a dividend, the terms of the original restricted stock units automatically entitle the holder to an additional number of restricted stock units equal to the value of the dividend that would have been received on the restricted stock units had they previously been converted into stock, based on the closing price of the stock on the dividend record date. Each restricted stock unit is equal to one share.
- [F2]The 2010 Restricted Stock Units shall vest and be exercisable in full on the 2nd anniversary of their original Grant Date (03/15/2010).
- [F3]The 2009 Restricted Stock Units shall vest and be exercisable in full on the 2nd anniversary of their original Grant Date (03/13/2009).
- [F4]Vests 1/3 on the 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.
- [F5]Vested December 13, 2005.
Issuer
ADVOCAT INC
CIK 0000919956
Entity typeother
Related Parties
1- filerCIK 0001253540
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 4:12 PM ET
- Size
- 19.0 KB