Sanders J. Grayson 4
4 · Griffin-American Healthcare REIT III, Inc. · Filed Oct 1, 2021
Insider Transaction Report
Form 4
Sanders J. Grayson
Director
Transactions
- Disposition to Issuer
Common Stock
2021-10-01−18,342→ 0 total - Disposition to Issuer
Common Stock
2021-10-01−27,000→ 0 total(indirect: By Trust)
Footnotes (2)
- [F1]Reflects the disposition of shares of the Issuer's common stock in connection with the merger (the "Merger") of the Issuer with and into Continental Merger Sub, LLC, a wholly-owned subsidiary of American Healthcare REIT, Inc. ("AHR"). In the Merger, each share of the Issuer's common stock, par value $0.01 per share, was converted into the right to receive 0.9266 shares of AHR Class I common stock, par value $0.01 per share ("AHR Class I Common Stock"). There is no established market for shares of AHR Class I Common Stock. On March 18, 2021, the board of directors of AHR approved an estimated value per share of AHR Class I Common Stock of $9.22.
- [F2]The reported shares of common stock are held directly by Sanders Living Trust, DTD 1/25/2017, and indirectly by J. Grayson Sanders and Marylee Sanders, Trustees.