Werdel Melanie Cobb 4
4 · EMERITUS CORP\WA\ · Filed Dec 12, 2012
Insider Transaction Report
Form 4
Werdel Melanie Cobb
EVP Administration
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2012-12-10−15,000→ 15,000 totalExercise: $8.03From: 2009-11-13Exp: 2018-11-13→ Common Stock (15,000 underlying) - Sale
Common Stock
2012-12-10$22.92/sh−25,000$572,900→ 77,594 total - Award
Common Stock
2012-12-10+31,386→ 87,594 total - Exercise/Conversion
Common Stock
2012-12-10$8.03/sh+15,000$120,450→ 102,594 total
Footnotes (3)
- [F1]Represents a restricted stock award which is eligible to vest in annual installments over a four-year performance period but is subject to forfeiture if applicable performance goals are not achieved.
- [F2]The price in Column 4 is a weighted average sale price. The prices actually received ranged from $22.85 to $23.00. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- [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.