SEC Form 4 · accession 0000899243-19-000812
SONIDA SENIOR LIVING, INC. · SNDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kimberly Herman
Officer — President & CEO · Director
Period of report
Jan 7, 2019
Accepted (ET)
Jan 9, 2019 · 9:29 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001043000
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 7, 2019 | A | 73,620 | $0.00 | A | 104,575 | D | |
| Common StockF2 | Jan 7, 2019 | A | 368,098 | $0.00 | A | 472,673 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F3 | $7.46 | Jan 7, 2019 | A | 147,239 | A | — | Jan 7, 2029 | Common Stock | 147,239 | 147,239 | D |
Explanation of responses
- F1Represents shares of restricted stock granted on January 7, 2019 which are scheduled to vest in three installments of 33%, 33% and 34% on January 7, 2020, January 7, 2021 and January 7, 2022, respectively.
- F2Represents shares of performance-based restricted stock, consisting of 147,239 shares that will vest upon achievement of the target performance objective and an additional 220,859 shares that are issuable upon achievement of the maximum performance objective.
- F3The option is scheduled to vest in three installments of 33%, 33% and 34% on January 7, 2020, January 7, 2021 and January 7, 2022, respectively.