BATY DANIEL R 4
4 · EMERITUS CORP\WA\ · Filed Nov 18, 2011
Insider Transaction Report
Form 4
BATY DANIEL R
DirectorChairman & CEO10% Owner
Transactions
- Exercise/Conversion
Common Stock
2011-11-17$8.03/sh+20,000$160,600→ 2,365,419 total - Exercise/Conversion
Stock Option (Right to Buy)
2011-11-17−20,000→ 20,000 totalExercise: $8.03From: 2009-11-13Exp: 2018-11-13→ Common Stock (20,000 underlying)
Holdings
- 3,500(indirect: By Trust)
Common Stock
- 3,651,920(indirect: By Partnership)
Common Stock
- 252,800(indirect: By Columbia Pacific Opportunity Fund, L.P.)
Common Stock
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]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.