Brandon Ribar - 05 Apr 2024 Form 4 Insider Report for SONIDA SENIOR LIVING, INC. (SNDA)

Signature
/s/ Brandon Ribar
Issuer symbol
SNDA
Transactions as of
05 Apr 2024
Net transactions value
-$48,585
Form type
4
Filing time
09 Apr 2024, 18:10:45 UTC
Previous filing
27 Mar 2024
Next filing
18 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNDA Common Stock Award $0 +40,641 +18% $0.000000 266,066 05 Apr 2024 Direct F1
transaction SNDA Common Stock Award $0 +40,641 +15% $0.000000 306,707 05 Apr 2024 Direct F2
transaction SNDA Common Stock Tax liability $48,585 -1,652 -0.54% $29.41 305,055 05 Apr 2024 Direct F3
* 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.