Wade Gary L 4
4 · ADCARE HEALTH SYSTEMS INC · Filed Sep 9, 2011
Insider Transaction Report
Form 4
Wade Gary L
DirectorPresident & CEO
Transactions
- Conversion
Common Stock
2011-08-29$2.38/sh+3,150$7,497→ 181,390 total - Gift
Common Stock
2011-08-08−27,000→ 178,240 total - Disposition to Issuer
Common Stock
2011-09-01$4.97/sh−21,120$104,966→ 160,270 total - Exercise of In-Money
Warrants
2011-09-01$2.38/sh−40,000$95,200→ 203,464 totalExercise: $2.50From: 2005-01-31Exp: 2011-09-01→ Common Shares (42,000 underlying) - Conversion
Common Stock
2011-09-01$2.38/sh+42,000$99,960→ 202,270 total - Exercise of In-Money
Warrants
2011-08-29$2.38/sh+3,000$7,140→ 243,464 totalExercise: $2.50From: 2006-11-06Exp: 2014-12-08→ Common Stock (3,150 underlying)
Footnotes (3)
- [F1]27,000 shares were transferred to Mr. Wade's five childern.
- [F2]Warrants were called by the Company.
- [F3]Warrants were subject to a 5% stock dividend given by the Company September 30, 2010.