4//SEC Filing
BRAME RICHARD M 4
Accession 0001209191-21-066010
CIK 0000919956other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 8:26 AM ET
Size
14.4 KB
Accession
0001209191-21-066010
Insider Transaction Report
Form 4
BRAME RICHARD M
Director
Transactions
- Disposition to Issuer
Common Stock
2021-11-19$10.10/sh−52,831$533,593→ 0 total - Disposition to Issuer
Common Stock
2021-11-19$10.10/sh−250$2,525→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2021-11-19$10.10/sh−1,000$10,100→ 0 total(indirect: By Spouse) - Disposition to Issuer
Common Stock
2021-11-19$10.10/sh−1,450$14,645→ 0 total(indirect: By Spouse)
Footnotes (3)
- [F1]Disposition pursuant to the terms of the Agreement and Plan of Merger dated as of August 26, 2021 by and among DAC Acquisition, LLC, DVCR Acquisition Corporation and Diversicare Healthcare Services, Inc. (the "Merger Agreement"), exempt under Rule 16b-3.
- [F2]Pursuant to the terms of the Merger Agreement, at the Effective Time (as defined in the Merger Agreement), each share of common stock held by the reporting person immediately prior to the Effective Time was cancelled and the reporting person received an amount in cash equal to $10.10 per share of Company Common Stock, taking into account any changes thereto by reason of the merger.
- [F3]The Reporting Person is the trustee of a trust holding 250 shares of common stock for the benefit of his grandson and may therefore be deemed to be the beneficial owner of the shares of common stock held by this trust. However, the Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.
Documents
Issuer
Diversicare Healthcare Services, Inc.
CIK 0000919956
Entity typeother
Related Parties
1- filerCIK 0001253543
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 8:26 AM ET
- Size
- 14.4 KB