AVIV REIT, INC. 4
4 · AVIV REIT, INC. · Filed Dec 23, 2014
Insider Transaction Report
Form 4
AVIV REIT, INC.AVIV
Kovitz Samuel H
EVP, GC and Secretary
Transactions
- Award
Dividend Equivalent Rights
2014-12-19+35→ 3,391 total→ Common Stock (35 underlying) - Award
Dividend Equivalent Rights
2014-12-19+27→ 2,655 total→ Common Stock (27 underlying)
Footnotes (3)
- [F1]The dividend equivalent rights accrued on previously awarded restricted stock units ("RSUs") and vest proportionately with the RSUs to which they relate. Each dividend equivalent right represents a contingent right to receive one share of common stock of Aviv REIT, Inc.
- [F2]The dividend equivalent rights and related RSUs vest in 50% increments on each of December 31, 2014 and December 31, 2015 and may vest in full upon a change of control (as defined in the Aviv REIT, Inc. 2013 Long-Term Incentive Plan), subject in each case to the holder not incurring a termination through the applicable vesting date.
- [F3]The dividend equivalent rights and related RSUs vest in full on December 31, 2016 and may vest in full upon a change of control (as defined in the Aviv REIT, Inc. 2013 Long-Term Incentive Plan), subject in each case to the holder not incurring a termination through the vesting date.