SEC Form 4 · accession 0001209191-15-016787
KINDRED HEALTHCARE, INC · KND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A Causby
Officer — EVP & Pres., Kindred at Home
Period of report
Feb 19, 2015
Accepted (ET)
Feb 20, 2015 · 4:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001060009
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 19, 2015 | M | 9,664 | — | A | 53,533 | D | |
| Common Stock | Feb 19, 2015 | F | 4,633 | $18.83 | D | 48,900 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 19, 2015 | M | 9,664 | D | — | — | Common Stock | 9,664 | 16,148 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On February 2, 2015, pursuant to his Employment Agreement, the reporting person was granted 25,812 restricted stock units in exchange for outstanding and in-the-money options of Gentiva Health Services, Inc. ("Gentiva") that were cancelled on such date in connection with the Company's acquisition of Gentiva. These restricted stock units vest as follows: 9,664 on February 19, 2015; 9,664 on February 19, 2016 and 6,484 on February 19, 2017.