SEC Form 4 · accession 0001209191-15-021226
AVIV REIT, INC. · AVIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark L Wetzel
Officer — CFO & Treasurer
Period of report
Mar 1, 2015
Accepted (ET)
Mar 3, 2015 · 4:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001499686
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 1, 2015 | M | 25,153 | — | A | 46,272 | D | |
| Common Stock | Mar 1, 2015 | F | 7,974 | $35.98 | D | 38,298 | 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 | — | Mar 1, 2015 | M | 25,153 | D | — | — | Common Stock | 25,153 | 26,010 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock of Aviv REIT, Inc.
- F2The dividend equivalent rights and related RSUs vest in two equal installments on each of March 1, 2015 and March 1, 2016 and may vest in full upon a change of control (as defined in the Aviv REIT, Inc. 2013 Long-Term Incentive Plan), subject in each case to the holder not incurring a termination through the vesting date.