Adam D. Portnoy - 07 Jun 2022 Form 4 Insider Report for AlerisLife Inc.

Role
Director
Signature
/s/ Adam D. Portnoy
Issuer symbol
N/A
Transactions as of
07 Jun 2022
Net transactions value
$0
Form type
4
Filing time
08 Jun 2022, 12:19:53 UTC
Previous filing
03 Jun 2022
Next filing
10 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NASDAQ:ALR Common Stock Award $0 +12,500 +28% $0.000000 57,332 07 Jun 2022 Direct F1
holding NASDAQ:ALR Common Stock 1,972,783 07 Jun 2022 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction reported is grant of shares pursuant to issuer's equity compensation plan.
F2 1,799,999 of these Common Shares are held by ABP Acquisition LLC and 172,784 of these Common Shares are held by ABP Trust. ABP Acquisition LLC is a wholly owned subsidiary of ABP Trust; Mr. Portnoy, as president, sole trustee and a beneficial owner of ABP Trust, may be deemed to be a beneficial owner of these Common Shares, but Mr. Portnoy disclaims such beneficial ownership except to the extent of his pecuniary interest therein.