Zak Kowalczyk Mary 4
4 · ASSISTED LIVING CONCEPTS INC · Filed Mar 9, 2012
Insider Transaction Report
Form 4
Zak Kowalczyk Mary
Vice President
Transactions
- Award
Tandem Stock Option/SARs (right to buy)
2012-03-07+8,800→ 11,000 totalExercise: $18.69From: 2012-03-02Exp: 2016-03-02→ Class A Common Stock (2,200 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 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.
- [F2]Reflects Options/SARs that satisfied the performance-based vesting conditions on March 7, 2012 upon achievement of certain performance criteria relating to 2011 performance.
- [F3]The Options/SARs become exercisable in three equal annual installments beginning on March 2, 2012.