Levonowich Walter Alan 4
4 · ASSISTED LIVING CONCEPTS INC · Filed Mar 19, 2012
Insider Transaction Report
Form 4
Levonowich Walter Alan
VP & Controller
Transactions
- Award
Tandem Stock Options/SARs (right to buy)
2012-03-15+2,200→ 2,200 totalExercise: $17.01From: 2013-03-15Exp: 2017-03-15→ Class A Common Stock (2,200 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 on March 15, 2012. The exercise price is the closing price of the Issuer's Class A Common Stock on the New York Stock Exchange on March 15, 2012. The award also includes up to 8,800 additional Options/SARs which are contingent upon the attainment of certain performance criteria in 2012.
- [F2]The Options/SARs vest in three equal annual installments beginning on March 15, 2013.