Hennigar David 4
4 · ASSISTED LIVING CONCEPTS INC · Filed Dec 8, 2011
Insider Transaction Report
Form 4
Hennigar David
Director
Transactions
- Conversion
Class B Common Stock
2011-12-07−5,600→ 0 total(indirect: see footnote)→ Class A Common Stock (6,020 underlying) - Conversion
Class A Common Stock
2011-12-07+6,020→ 6,020 total(indirect: see footnote)
Holdings
- 602
Class A Common Stock
Footnotes (3)
- [F1]The Class A shares are held indirectly through Forest Lane Holdings Limited, a private holding company of which Mr. Hennigar is the President and controlling shareholder.
- [F2]Each share of Class B Common Stock is convertible at any time at the holder's election, into 1.075 shares of Class A Common Stock and has no expiration date. In addition, any shares off Class B Common Stock transferred to a person other than a permitted holder of Class B Common Stock, as provided in the Issuer's Amended and Restated Articles of Incorporation, will automatically convert into shares of Class A Common Stock on the same basis upon any such transfer.
- [F3]The Class B shares were held indirectly through Forest Lane Holdings Limited, a private holding company of which Mr. Hennigar is the President and controlling shareholder.