SEC Form 4 · accession 0001209191-18-019959
Diversicare Healthcare Services, Inc. · DVCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard M Brame
Director
Period of report
Mar 13, 2018
Accepted (ET)
Mar 15, 2018 · 6:36 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 StockF1 | Mar 13, 2018 | M | 15 | $0.00 | A | 44,314 | D | |
| Common Stock | Mar 13, 2018 | A | 2,350 | $0.00 | A | 46,664 | D | |
| Common StockF2 | holding | — | — | — | 250 | I | Held in Grandson's Trust | |
| Common Stock | holding | — | — | — | 1,450 | I | Spouse | |
| Common Stock | holding | — | — | — | 1,000 | I | Held In Spouse's IRA |
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 2017 Restricted SharesF1,F3 | — | Mar 13, 2018 | M | 15 | D | — | — | Common Stock | 15 | 28 | D |
| Dividend Equivalent Rights on 2016 Restricted SharesF4 | — | holding | — | — | — | — | — | Common Stock | 32 | 32 | D |
Explanation of responses
- F1Represents vesting of Dividend Equivalent Rights on 2017 Restricted Stock.
- F2The Reporting Person is the trustee of a trust holding 250 shares of common stock for the benefit of his grandson and may therefore be deemed to be the beneficial owner of the shares of common stock held by this trust. However, the Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.
- F3These dividend equivalent rights accrued on shares of restricted stock granted on March 13, 2017 and will vest as the underlying shares vest.
- F4These dividend equivalent rights accrued on shares of restricted stock granted on March 11, 2016 and will vest as the underlying shares vest.
Remarks
Exhibit List Exhibit 24 - Power of Attorney