Home/Filings/4/0001225208-11-021703
4//SEC Filing

BATY DANIEL R 4

Accession 0001225208-11-021703

CIK 0001001604other

Filed

Sep 12, 8:00 PM ET

Accepted

Sep 13, 6:27 PM ET

Size

10.5 KB

Accession

0001225208-11-021703

Insider Transaction Report

Form 4
Period: 2011-09-12
BATY DANIEL R
DirectorChairman & CEO10% Owner
Transactions
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2011-09-1220,00040,000 total
    Exercise: $8.03From: 2009-11-13Exp: 2018-11-13Common Stock (20,000 underlying)
  • Exercise/Conversion

    Common Stock

    2011-09-12$8.03/sh+20,000$160,6002,345,419 total
Holdings
  • Common Stock

    (indirect: By Columbia Pacific Opportunity Fund, L.P.)
    252,800
  • Common Stock

    (indirect: By Trust)
    3,500
  • Common Stock

    (indirect: By Partnership)
    3,651,920
Footnotes (4)
  • [F1]Reflects decrease from prior report of directly held shares to adjust for 47,500 shares previously inadvertently reported as directly held by the reporting person. These shares were instead indirectly held by Catalina General Partnership, L.P. during the applicable time period and were previously correctly reported as such, but were inadvertently also reported as directly held by the reporting person. Catalina no longer holds any shares of issuer's stock pursuant to a pro rata distribution to partners reported on the reporting person's Form 4 dated June 24, 2008.
  • [F2]The reporting person is sole director and shareholder of Columbia-Pacific Group, Inc., a Washington corporation, which is the general partner of B.F., Limited Partnership, a Washington limited partnership, of which the reporting person is also a limited partner. The reporting person disclaims beneficial ownership of the reported securities except to the extent of the reporting person's pecuniary interest therein.
  • [F3]The reporting person is a manager and member of Columbia Pacific Advisors, LLC, a Washington limited liability company, which is the general partner of Columbia Pacific Opportunity Fund, L.P., a Washington limited partnership. The reporting person is also a limited partner of Columbia Pacific Opportunity Fund, L.P. The reporting person disclaims beneficial ownership of the reported securities except to the extent of the reporting person's pecuniary interest therein.
  • [F4]Date at which first vesting occurs is indicated. 1/4 of the total shares originally subject to the option become exercisable at the first vesting date and an additional 1/4 become exercisable on each of the next three anniversaries thereafter.

Documents

1 file

Issuer

EMERITUS CORP\WA\

CIK 0001001604

Entity typeother

Related Parties

1
  • filerCIK 0000925996

Filing Metadata

Form type
4
Filed
Sep 12, 8:00 PM ET
Accepted
Sep 13, 6:27 PM ET
Size
10.5 KB