GENTRY BOYD P 4
4 · ADCARE HEALTH SYSTEMS INC · Filed Jan 14, 2013
Insider Transaction Report
Form 4
GENTRY BOYD P
DirectorCEO
Transactions
- Award
Employee Stock Option (Right to Buy)
2012-11-16+125,000→ 125,000 totalExercise: $3.93Exp: 2022-11-16→ Common Stock (125,000 underlying) - Award
Employee Stock Option (Right to Buy)
2013-01-02+125,000→ 125,000 totalExercise: $4.90Exp: 2023-01-02→ Common Stock (125,000 underlying)
Footnotes (3)
- [F1]The option was granted on November 16, 2012 and will vest as follows: (a) one-third on November 16, 2013; (b) one-third on November 16, 2014; and (c) one-third on November 16, 2015.
- [F2]The options were granted pursuant to the 2011 Stock Incentive Plan of the Issuer.
- [F3]The option was granted on January 2, 2013 and will vest as follows: (a) one-third on January 2, 2014; (b) one-third on January 2, 2015; and (c) one-third on January 2, 2016.