SEC Form 4 · accession 0001004724-15-000032
REGIONAL HEALTH PROPERTIES, INC · RHEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allan J Rimland
Officer — President & CFO
Period of report
Apr 1, 2015
Accepted (ET)
Apr 2, 2015 · 4:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001004724
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 1, 2015 | A | 125,000 | $0.00 | A | 125,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock WarrantsF2 | $4.25 | Apr 1, 2015 | A | 275,000 | A | Apr 1, 2016 | Apr 1, 2025 | Common Stock Warrants | 275,000 | 275,000 | D |
Explanation of responses
- F1Restricted stock granted under AdCare Health Systems, Inc. 2011 Stock Incentive Plan and will vest on the following schedule: (i) 41,666 shares on April 1, 2016, (ii) 41,667 shares on April 1, 2017, and (iii) 41,667 shares on April 1, 2018.
- F2Common stock warrants will vest on the following schedule: (i) 91,666 shares on April 1, 2016, (ii) 91,667 shares on April 1, 2017, and (iii) 91,667 shares on April 1, 2018.