SEC Form 4 · accession 0001209191-15-067515
Diversicare Healthcare Services, Inc. · DVCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Reed McKnight Jr.
Officer — Chief Financial Officer
Period of report
Aug 20, 2015
Accepted (ET)
Aug 24, 2015 · 3:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000919956
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 20, 2015 | M | 531 | $0.00 | A | 51,341 | D | |
| Common Stock | Aug 20, 2015 | F | 1,512 | $11.15 | D | 49,829 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent Rights on 2012 Restricted SharesF3,F2 | — | Aug 20, 2015 | M | 530 | D | — | — | Common Stock | 530 | 0 | D |
| Dividend Equivalent Rights on 2013 Restricted SharesF4 | — | holding | — | — | — | — | — | Common Stock | 349 | 349 | D |
| Dividend Equivalent Rights on 2014 Restricted SharesF5 | — | holding | — | — | — | — | — | Common Stock | 297 | 297 | D |
| Dividend Equivalent Rights on 2015 Restricted SharesF6 | — | holding | — | — | — | — | — | Common Stock | 103 | 103 | D |
| 2014 Restricted Stock UnitsF7,F8 | — | holding | — | — | — | — | — | Common Stock | 3,735 | 3,735 | D |
| 2015 Restricted Stock UnitsF7,F9 | — | holding | — | — | — | — | — | Common Stock | 6,627 | 6,627 | D |
Explanation of responses
- F1This transaction represents shares withheld by the Company for tax withholdings on Mr. McKnight's vesting of a portion of his 2012 Restricted Stock.
- F2These dividend equivalent rights accrued on shares of restricted stock granted on August 20, 2012 and will vest as the underlying shares vest.
- F3Represents vesting of dividend equivalent.
- F4These dividend equivalent rights accrued on shares of restricted stock granted on March 12, 2013 and will vest as the underlying shares vest.
- F5These dividend equivalent rights accrued on shares of restricted stock granted on March 12, 2014 and will vest as the underlying shares vest.
- F6These dividend equivalent rights accrued on shares of restricted stock granted on March 10, 2015 and will vest as the underlying shares vest.
- F7Each restricted stock unit is equal to one share.
- F8The 2014 Restricted Stock Units shall vest and be exercisable in full on the 2nd anniversary of their original Grant Date (3/12/2014).
- F9The 2015 Restricted Stock Units shall vest and be exercisable in full on the 2nd anniversary of their original Grant Date (3/10/2015).