Michael Fryar - Apr 5, 2024 Form 4 Insider Report for SONIDA SENIOR LIVING, INC. (SNDA)

Role
SVP - Chief Revenue Officer
Signature
/s/ Michael Fryar
Stock symbol
SNDA
Transactions as of
Apr 5, 2024
Transactions value $
-$281,498
Form type
4
Date filed
4/9/2024, 06:02 PM
Previous filing
Mar 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNDA Common Stock Award $0 +11.5K +15.36% $0.00 86K Apr 5, 2024 Direct F1
transaction SNDA Common Stock Award $0 +11.5K +13.32% $0.00 97.5K Apr 5, 2024 Direct F2
transaction SNDA Common Stock Tax liability -$22.1K -751 -0.77% $29.41 96.7K Apr 5, 2024 Direct F3
transaction SNDA Common Stock Sale -$223K -7.9K -8.17% $28.29 88.8K Apr 8, 2024 Direct F4
transaction SNDA Common Stock Sale -$36K -1.3K -1.46% $27.76 87.5K Apr 9, 2024 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted stock granted on April 5, 2024 under the 2019 Omnibus Stock and Incentive Plan for Sonida Senior Living, Inc., as amended (the "Plan"), which are scheduled to vest in installments of 33%, 33% and 34% on April 5, 2025, April 5, 2026 and April 5, 2027, respectively.
F2 Represents shares of performance-based restricted stock granted on April 5, 2024 under the Plan that will vest upon achievement of the target performance objective.
F3 Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.74, inclusive. The reporting person undertakes to provide to Sonida Senior Living, Inc., any security holder of Sonida Senior Living, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.60 to $28.14, inclusive. The reporting person undertakes to provide to Sonida Senior Living, Inc., any security holder of Sonida Senior Living, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.