SEC Form 4 · accession 0001209191-15-020638
SONIDA SENIOR LIVING, INC. · SNDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence A Cohen
Officer — CEO & Vice Chairman of Board · Director
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 6:19 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 | Feb 27, 2015 | A | 50,000 | $0.00 | A | 811,743 | D | |
| Common StockF2 | Feb 27, 2015 | A | 50,000 | $0.00 | A | 861,743 | D | |
| Common StockF3 | Feb 27, 2015 | D | 82 | $0.00 | D | 861,661 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of restricted stock granted on February 27, 2015 under the Company's 2007 Omnibus Stock and Incentive Plan, which vest in three installments of 33%, 33% and 34% on February 27, 2016, February 27, 2017 and February 27, 2018, respectively.
- F2Represents shares of restricted stock granted on February 27, 2015 under the Company's 2007 Omnibus Stock and Incentive Plan, which vest in three installments of 33%, 33% and 34% on February 27, 2016, February 27, 2017 and February 27, 2018, respectively, provided the Company satisfies certain performance measures with respect to fiscal 2015, fiscal 2016 and fiscal 2017.
- F3Represents shares of performance-based restricted stock that were previously reported as beneficially owned by the reporting person as of March 4, 2014, but were subsequently forfeited due to the Company achieving 99.5% (but not 100%) of the performance target with respect to such shares for fiscal 2014.