Bebo Laurie Ann 4/A
4/A · ASSISTED LIVING CONCEPTS INC · Filed Mar 9, 2011
Insider Transaction Report
Form 4/AAmended
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, 2011, the second business day following the Issuer's public release of quarterly financial results. The award also includes up to 17,600 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.