Bebo Laurie Ann 4
4 · ASSISTED LIVING CONCEPTS INC · Filed Mar 9, 2011
Insider Transaction Report
Form 4
Bebo Laurie Ann
DirectorPresident & CEO
Transactions
- Award
Tandem Stock Option/SARs (right to buy)
2011-03-08+4,400→ 4,400 totalExercise: $37.38From: 2012-03-02Exp: 2016-03-02→ Class A Common Stock (4,400 underlying)
Footnotes (2)
- [F1]Award of tandem non-qualified stock options and stock appreciation rights for shares of the Issuer's Class A Common Stock ("Option/SARs") approved by march 2, 2011. The exercise price is the closing price of the Issuer's Class A Common Stock on the New York Stock Exchange on march 8, 23011, the second business day following the Issuer's public release of quarterly financial results. The award also includes u to 8,800 additional Options/SARs which are contingent upon the attainment of certain performance criteria in 2011.
- [F2]The Options/SARs vest in three equal annual installments beginning on March 2, 2012.