Home/Filings/4/0001209191-14-050137
4//SEC Filing

EMERITUS CORP\WA\ 4

Accession 0001209191-14-050137

CIK 0001001604operating

Filed

Aug 3, 8:00 PM ET

Accepted

Aug 4, 2:26 PM ET

Size

5.6 KB

Accession

0001209191-14-050137

Insider Transaction Report

Form 4
Period: 2014-07-31
Tarr Steven C
EVP Info Tech
Transactions
  • Disposition to Issuer

    Common Stock

    2014-07-3111,2720 total
Footnotes (1)
  • [F1]Disposed of pursuant to the agreement and plan of merger dated as of February 20, 2014, by and among the issuer, Brookdale Senior Living Inc. ("Brookdale") and Broadway Merger Sub Corporation, a wholly owned subsidiary of Brookdale, pursuant to which the outstanding shares of the issuer's common stock were converted into the right to receive 0.95 of a share of Brookdale common stock (net of any required withholding taxes with respect to restricted stock holdings). Any resulting fractional share was converted into the right to receive an amount of cash equal to (x) such fraction multiplied by (y) the product of (i) $35.5265, the value of Brookdale common stock at its volume-weighted average price over the 10 trading days immediately preceding the completion of the merger, and (ii) 0.95. Amount includes 9,926 shares of restricted stock whose acquisition was previously reported in Table I that became fully vested immediately prior to the effective time of the merger.

Issuer

EMERITUS CORP\WA\

CIK 0001001604

Entity typeoperating
IncorporatedWA

Related Parties

1
  • filerCIK 0001001604

Filing Metadata

Form type
4
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 2:26 PM ET
Size
5.6 KB