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4//SEC Filing

Houghton William David 4

Accession 0001209191-11-018074

CIK 0000919956other

Filed

Mar 14, 8:00 PM ET

Accepted

Mar 15, 4:57 PM ET

Size

11.9 KB

Accession

0001209191-11-018074

Insider Transaction Report

Form 4
Period: 2011-03-11
Houghton William David
VP & Chief Information Officer
Transactions
  • Award

    2011 Restricted Stock Units

    2011-03-11$6405.00/sh+1,108.13$7,097,5731,108.13 total
    Common Stock (1,108.13 underlying)
  • Award

    Common Stock

    2011-03-11+3,2503,250 total
Holdings
  • Stock Settled Stock Appreciation Right

    Exercise: $5.45From: 2011-06-18Exp: 2020-06-18Common Stock (10,000 underlying)
    10,000
Footnotes (4)
  • [F1]Restricted stock grant that will vest in equal parts over the first three anniversaries of the date of grant.
  • [F2]Mr. Houghton elected to receive $6,405 of his cash bonus for 2010 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.
  • [F3]The 2011 Restricted Stock Units shall vest and be exercisable in full on the 2nd anniversary of their original Grant Date (03/11/2011).
  • [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.

Issuer

ADVOCAT INC

CIK 0000919956

Entity typeother

Related Parties

1
  • filerCIK 0001514918

Filing Metadata

Form type
4
Filed
Mar 14, 8:00 PM ET
Accepted
Mar 15, 4:57 PM ET
Size
11.9 KB