SEC Form 4 · accession 0001140361-15-010085
Brookdale Senior Living Inc. · BKD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan D Richardson
Officer — EVP & Chief Admin Officer
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 8:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001332349
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 27, 2015 | D | 13,865 | $0.00 | D | 223,678 | D | |
| Common StockF3 | Mar 2, 2015 | S | 4,935 | $38.1246 | D | 218,743 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the forfeiture of a portion of the restricted shares granted to the reporting person in 2012 due to the failure to achieve performance goals established by the Compensation Committee.
- F2Represents the sale of shares to satisfy tax withholding obligations due upon the vesting of restricted stock previously granted to the reporting person. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- F3This transaction was executed in multiple trades at prices ranging from $38.120 to $38.126. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.