Sturtz Laurence E 4
4 · ADCARE HEALTH SYSTEMS INC · Filed Jun 6, 2012
Insider Transaction Report
Form 4
Sturtz Laurence E
Director
Transactions
- Exercise of In-Money
Common Stock
2012-04-15$1.36/sh+1,544$2,100→ 58,159 total - Exercise of In-Money
Options
2012-04-15$1.36/sh−1,544$2,100→ 18,161 totalExercise: $1.36From: 2007-05-09Exp: 2016-05-09→ Common Stock (1,544 underlying) - Award
Common Stock
2012-06-01+30,000→ 88,159 total
Footnotes (3)
- [F1]Exercised 1,400 options which were subject to stock dividends of September 2010 & 2011.
- [F2]Original exercise price was $1.50. It was adjusted for the two stock dividend September 2010 & 2011 to $1.36.
- [F3]Restricted stock granted under AdCare's 2011 Stock Incentive Plan. The stock will vest at the end of three years on 6/1/2015.