SEC Form 4 · accession 0001144204-16-140359
REGIONAL HEALTH PROPERTIES, INC · RHEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Dec 16, 2016
Accepted (ET)
Dec 19, 2016 · 7:42 pm EST
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,F2 | Dec 16, 2016 | A | 24,510 | $0.00 | A | 60,742 | D | |
| Common StockF3,F4 | holding | — | — | — | 750,000 | I | By Park City Capital, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock granted pursuant to the AdCare Health Systems, Inc.'s 2011 Stock Incentive Plan and in respect of 2017 compensation.
- F2The shares of restricted stock will vest over a three-year period on the following schedule: (1) 8,170 shares on January 1, 2018; (2) 8,170 shares of January 1, 2019; and (3) 8,170 shares on January 1, 2020.
- F3As the managing member of Park City Capital, LLC, Mr. Fox may be deemed to have beneficial ownership of the shares held by Park City Capital Offshore Master, Ltd. and Park City Special Opportunity Fund, LP, with respect to which Park City Capital, LLC, the investment manager to the funds, may be deemed to have beneficial ownership.
- F4Does not include warrants and convertible notes.