SEC Form 3 · accession 0001209191-18-030603
AAC Holdings, Inc. · AAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W. Hillis Sr.
Director
Period of report
May 15, 2018
Accepted (ET)
May 16, 2018 · 5:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001606180
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 562,051 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to that certain Escrow Agreement, dated March 1, 2018, by and among AAC Holdings, Inc. (the "Issuer"), AAC Healthcare Network, Inc., a wholly owned subsidiary of the Issuer, AdCare Holding Trust and Blackmore Escrow, Inc. (the "Escrow Agent"), the Issuer has deposited 562,051 shares of unregistered common stock with the Escrow Agent for the benefit of the reporting person (the "Escrowed Shares"). The Escrowed Shares are held for indemnification purposes related to the Issuer's acquisition of AdCare, Inc. and are held in escrow for a period of eighteen (18) months following the date of the Escrow Agreement.
Remarks
Exhibit List - Exhibit 24 - Power of Attorney