Hensley Robert Z 4
4 · Diversicare Healthcare Services, Inc. · Filed Nov 22, 2021
Insider Transaction Report
Form 4
Hensley Robert Z
Director
Transactions
- Disposition to Issuer
Common Stock
2021-11-19$10.10/sh−50,995$515,050→ 0 total
Footnotes (2)
- [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.