EMERITUS CORP\WA\ 4
4 · EMERITUS CORP\WA\ · Filed Jul 6, 2007
Insider Transaction Report
Form 4
SARATOGA MANAGEMENT CO LLC
10% Owner
Transactions
- Sale
Common Stock
2007-07-03$29.17/sh−499,650$14,575,290→ 5,691,357 total(indirect: See Footnote) - Sale
Common Stock
2007-07-03$29.17/sh−350$10,210→ 3,986 total
Footnotes (1)
- [F1]The Reporting Person is (i) the Manager of Saratoga Associates IV LLC, General Partner of Saratoga Partners IV, L.P. ("Saratoga Partners"), (ii) the Managing Member of Saratoga Coinvestment IV LLC ("Saratoga Coinvestment"), and (iii) the agent and attorney-in-fact for four individuals who are principals of these entities (as well as owning certain shares directly). As a result, the Reporting Person may be deemed to have indirect beneficial ownership of 5,339,330 shares directly owned by Saratoga Partners, 142,492 shares directly owned by Saratoga Coinvestment and 209,535 shares directly owned by the Reporting Person as agent for the individuals.