Levonowich Walter Alan 4
4 · ASSISTED LIVING CONCEPTS INC · Filed Mar 4, 2011
Insider Transaction Report
Form 4
Levonowich Walter Alan
VP & Controller
Transactions
- Award
Tandem Stock Options/SARs (right to buy)
2011-03-02+1,000→ 2,000 totalExercise: $31.71From: 2011-03-03Exp: 2015-03-03→ Class A Common Stock (1,000 underlying)
Footnotes (3)
- [F1]Tandem non-qualified stock options and stock appreciation rights for shares of the Issuer's Class A Common Stock ("Options/SARs") approved on March 3, 2010. The exercise price is the closing price of the Issuer's Class A Common Stock on the New York Stock Exchange on march 9, 2010, the second business day following the Issuer's public release of quarterly financial results.
- [F2]Reflects Options/SARs that satisfied the performance-based vesting conditions on March 2, 2011 upon achievement of certain performance criteria relating to 1010 performance.
- [F3]The Options/SARs become exercisable in three equal annual installments beginning on March 3, 2011.