Robert A. McCabe Jr. - 19 Nov 2021 Form 4 Insider Report for Diversicare Healthcare Services, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Nov 2021, 07:24:15 UTC
Prior SEC filing
02 Nov 2021
Next SEC filing
21 Jan 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Susan V. Sidwell, Attorney-in-Fact for Robert A. McCabe Jr.

Key filing fact

Robert A. McCabe Jr. filed Form 4 for Diversicare Healthcare Services, Inc. on 22 Nov 2021.

Key facts

  • This page summarizes Robert A. McCabe Jr.'s Form 4 filing for Diversicare Healthcare Services, Inc..
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 22 Nov 2021, 07:24.

Change

  • Previous filing in this sequence was filed on 02 Nov 2021.
  • Current net transaction value: -$133,512.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DVCR transaction

Common Stock

Disposed to Issuer

Transaction value
$133,512
Shares
-13,219
Change %
-100%
Price
$10.10
Shares after
0
Date
19 Nov 2021
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DVCR transaction Derivative

Option to purchase Common Stock

Disposed to Issuer

Transaction value
Shares
-15,000
Change %
-100%
Price
Shares after
0
Date
19 Nov 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,000
Exercise price
$10.21
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Robert A. McCabe Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote 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.

Footnote 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.

Footnote F3

Pursuant to the terms of the Merger Agreement, at the Effective Time, any option to purchase common stock held by the reporting person immediately prior to the Effective Time that has an exercise price per share that is greater than or equal to $10.10 shall be cancelled at the Effective Time for no consideration, taking into account any changes thereto by reason of the merger.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .