Chad A. McCurdy - Nov 19, 2021 Form 4 Insider Report for Diversicare Healthcare Services, Inc. (DVCR)

Role
Director, 10%+ Owner
Signature
/s/ Susan V. Sidwell, Attorney-in-Fact for Chad A. McCurdy
Stock symbol
DVCR
Transactions as of
Nov 19, 2021
Transactions value $
-$12,977,056
Form type
4
Date filed
11/22/2021, 07:25 AM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DVCR Common Stock Disposed to Issuer -$250K -24.8K -100% $10.10 0 Nov 19, 2021 Direct F1, F2
transaction DVCR Common Stock Disposed to Issuer -$354K -35K -100% $10.10 0 Nov 19, 2021 In IRA F1, F2
transaction DVCR Common Stock Disposed to Issuer -$1.87M -185K -100% $10.10 0 Nov 19, 2021 Jointly held with Spouse F1, F2
transaction DVCR Common Stock Disposed to Issuer -$75.8K -7.5K -100% $10.10 0 Nov 19, 2021 In Spouse's IRA F1, F2
transaction DVCR Common Stock Disposed to Issuer -$10.3M -1.02M -100% $10.10 0 Nov 19, 2021 Owned by Marlin Capital Partners, LLC F1, F2, F3
transaction DVCR Common Stock Disposed to Issuer -$152K -15K -100% $10.10 0 Nov 19, 2021 Owned by Dependent Children F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Chad A. McCurdy is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposition pursuant to the terms of the Agreement and Plan of Merger dated as of August 26, 2021 by and among DAC Acquisition, LLC, DVCR Acquisition Corporation and Diversicare Healthcare Services, Inc. (the "Merger Agreement"), exempt under Rule 16b-3.
F2 Pursuant to the terms of the Merger Agreement, at the Effective Time (as defined in the Merger Agreement), each share of common stock held by the reporting person immediately prior to the Effective Time was cancelled and the reporting person received an amount in cash equal to $10.10 per share of Company Common Stock, taking into account any changes thereto by reason of the merger.
F3 Mr. McCurdy is the Managing Partner of Marlin Capital Partners, LLC.
F4 This reporting person disclaims beneficial ownership of shares held by his children except to the extent of his pecuniary interest therein.