Wade Gary L 4
4 · ADCARE HEALTH SYSTEMS INC · Filed Jun 6, 2012
Insider Transaction Report
Form 4
Wade Gary L
DirectorPresident & CEO
Transactions
- Exercise of In-Money
Common Stock
2012-04-19$1.36/sh+8,820$11,995→ 223,086 total - Award
Common Stock
2012-06-01+30,000→ 253,086 total - Exercise of In-Money
Options
2012-04-19$1.36/sh−8,820$11,995→ 10,000 totalExercise: $1.36From: 2007-05-09Exp: 2016-05-09→ Common Stock (8,820 underlying)
Footnotes (3)
- [F1]Exercised 8,000 options which were subject to two stock dividends September 2010 & 2011.
- [F2]Original exercise price was $1.50 which was adjusted for the two stock dividends September 2010 & 2011 to $1.36.
- [F3]Restricted stock granted under AdCare's 2011 Stock Incentive Plan. Shares will vest at the end of three years on 6/1/2015.