Filing Details
- Accession Number:
- 0000903423-13-000594
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-11-06 17:24:34
- Reporting Period:
- 2013-11-04
- Filing Date:
- 2013-11-06
- Accepted Time:
- 2013-11-06 17:24:34
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1411574 | Surgical Care Affiliates Inc. | SCAI | Services-Specialty Outpatient Facilities, Nec (8093) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1248908 | P Andrew Hayek | C/O Surgical Care Affiliates, Inc. 520 Lake Cook Road, Suite 250 Deerfield IL 60015 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2013-11-04 | 24,391 | $22.50 | 117,300 | No | 4 | S | Indirect | See Explanation of Responses |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See Explanation of Responses |
Footnotes
- The price of $22.50 represents the public offering price of $24.00 per share of Common Stock ("Common Stock") of Surgical Care Affiliates, Inc. (the "Issuer") less the underwriters' discount of $1.50 per share of Common Stock.
- As a result of the Issuer's conversion from a Delaware limited liability company, previously named ASC Acquisition LLC ("ASC"), to a Delaware corporation, including the conversion of membership units of ASC into shares of Common Stock of the Issuer at a conversion ratio of 10.25 membership units of ASC to one share of Common Stock of the Issuer, and the transactions reported herein, Mr. Hayek beneficially owns 117,300 shares of Common Stock of the Issuer, including 68,292 shares of Common Stock underlying Restricted Equity Units of the Issuer. The Restricted Equity Units were subject to time-based vesting over a period of five years from the date of grant and as of July 24, 2013 are fully vested. Each Restricted Equity Unit is settled on the earlier of the individual's termination of employment or change in control and may be settled in cash at the election of the Issuer's board of directors.
- Mr. Hayek is the sole trustee of the Andrew Hayek 2008 Living Trust, which directly owns all of the Common Stock reported herein.