Monica Raines - 23 Feb 2024 Form 4 Insider Report for Addus HomeCare Corp (ADUS)

Signature
/s/ Brian Poff, Attorney-in-Fact for Monica Raines
Issuer symbol
ADUS
Transactions as of
23 Feb 2024
Net transactions value
-$46,246
Form type
4
Filing time
27 Feb 2024, 16:10:19 UTC
Previous filing
06 Mar 2023
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADUS Common Stock Award $0 +3,928 +44% $0.000000 12,759 23 Feb 2024 Direct F1
transaction ADUS Common Stock Sale $46,246 -538 -4.2% $85.96 12,221 26 Feb 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The shares vest in equal installments on each of February 23, 2025, February 23, 2026, and February 23, 2027, subject to customary provisions for continued service and acceleration on a change in control.
F2 This transaction reflects the sale of shares, made pursuant to a previously established 10b5-1 plan, for the purpose of satisfying tax obligations due upon the vesting of restricted stock awards granted by the Issuer.