EMERITUS CORP\WA\ 4
4 · EMERITUS CORP\WA\ · Filed Jan 6, 2014
Insider Transaction Report
Form 4
BATY DANIEL R
DirectorChairman & CEO10% Owner
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2014-01-02−300,000→ 0 totalExercise: $20.13From: 2011-12-31Exp: 2021-01-19→ Common Stock (300,000 underlying) - Exercise/Conversion
Common Stock
2014-01-02$20.13/sh+300,000$6,039,000→ 2,685,419 total - Exercise/Conversion
Stock Option (Right to Buy)
2014-01-02−80,000→ 0 totalExercise: $16.45From: 2010-11-17Exp: 2019-11-17→ Common Stock (80,000 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2014-01-02−60,000→ 20,000 totalExercise: $18.03From: 2011-11-30Exp: 2020-11-30→ Common Stock (60,000 underlying) - Exercise/Conversion
Common Stock
2014-01-02$16.45/sh+80,000$1,316,000→ 2,765,419 total - Exercise/Conversion
Common Stock
2014-01-02$18.03/sh+60,000$1,081,800→ 2,825,419 total
Holdings
- 2,951,920(indirect: By Partnership)
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]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.
- [F3]Date at which first vesting occurs is indicated. 1/3 of the total shares originally subject to the option become exercisable at the first vesting date and an additional 1/3 become exercisable on each of the next two anniversaries thereafter.