Ryan Ari 4
4 · AVIV REIT, INC. · Filed Mar 27, 2013
Insider Transaction Report
Form 4
AVIV REIT, INC.AVIV
Ryan Ari
Director
Transactions
- Other
OP Units
2013-03-26+647,038→ 647,038 total(indirect: By Trust)From: 2013-03-26→ Common Stock (647,038 underlying) - Other
OP Units
2013-03-26+1,096,515→ 1,096,515 total(indirect: By Trust)From: 2013-03-26→ Common Stock (1,096,515 underlying) - Other
OP Units
2013-03-26+63,118→ 63,118 total(indirect: By Yuba Nursing Homes Inc.)From: 2013-03-26→ Common Stock (63,118 underlying) - Other
OP Units
2013-03-26+36,770→ 36,770 total(indirect: By the Estate of Vicki Karkomi)From: 2013-03-26→ Common Stock (36,770 underlying) - Other
OP Units
2013-03-26+35,788→ 35,788 total(indirect: By Highland Leasehold Inc.)From: 2013-03-26→ Common Stock (35,788 underlying) - Other
OP Units
2013-03-26+20,235→ 20,235 totalFrom: 2013-03-26→ Common Stock (20,235 underlying)
Footnotes (5)
- [F1]Represents limited partnership units ("OP Units") of Aviv Healthcare Properties Limited Partnership, a Delaware limited partnership (the "Partnership"), a subsidiary of the Issuer.
- [F2]Each OP Unit is redeemable for cash equal to the then-current market value of one share of the Issuer's common stock or, at the election of the Issuer, for one share of the Issuer's common stock.
- [F3]The OP Units became redeemable for the Issuer's common stock on March 26, 2013, upon the consummation of the initial public offering of the Issuer and pursuant to the Second Amended and Restated Agreement of Limited Partnership of the Partnership. The OP Units have no expiration date.
- [F4]The OP Units were issued by the Partnership in consideration for the contribution to the Partnership of equity interest in certain entities. The value of the OP Units was $20 per unit as of the date of the Issuer's initial public offering.
- [F5]The reporting person disclaims beneficial ownership to the extent he does not have a pecuniary interest in the securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purpose of Section 16 or any other purpose.