Filing Details

Accession Number:
0001144204-11-013811
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-09 12:00:00
Reporting Period:
2011-03-07
Filing Date:
2011-03-09
Accepted Time:
2011-03-09 17:34:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1009379 Metropolitan Health Networks Inc MDF Services-Offices & Clinics Of Doctors Of Medicine (8011) 650635748
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1167284 E Michael Cahr 250 S. Australian Avenue
Suite 400
West Palm Beach FL US 33401
Yes No 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 2011-03-07 29,900 $5.13 717,633 No 4 S Indirect See footnote #4
Common Stock Disposition 2011-03-07 29,900 $4.99 687,733 No 4 S Indirect See footnote #4
Common Stock Disposition 2011-03-08 20,000 $5.06 667,733 No 4 S Indirect See footnote #4
Common Stock Disposition 2011-03-08 7,092 $5.05 660,641 No 4 S Indirect See footnote #4
Common Stock Disposition 2011-03-09 500 $5.04 660,141 No 4 S Indirect See footnote #4
Common Stock Disposition 2011-03-09 84,274 $5.00 575,867 No 4 S Indirect See footnote #4
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote #4
No 4 S Indirect See footnote #4
No 4 S Indirect See footnote #4
No 4 S Indirect See footnote #4
No 4 S Indirect See footnote #4
No 4 S Indirect See footnote #4
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 112,202 Direct
Footnotes
  1. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on March 7, 2011. The actual sales prices ranged from a low of $5.05 to a high of $5.21. The Reporting Person undertakes to provide upon request of the SEC Staff, Metropolitan Health Networks, Inc. or a Metropolitan Health Networks, Inc. security holder full information regarding the number of shares sold at each price within the range.
  2. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on March 7, 2011. The actual sales prices ranged from a low of $4.98 to a high of $4.99. The Reporting Person undertakes to provide upon request of the SEC Staff, Metropolitan Health Networks, Inc. or a Metropolitan Health Networks, Inc. security holder full information regarding the number of shares sold at each price within the range.
  3. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on March 8, 2011. The actual sales prices ranged from a low of $5.05 to a high of $5.09. The Reporting Person undertakes to provide upon request of the SEC Staff, Metropolitan Health Networks, Inc. or a Metropolitan Health Networks, Inc. security holder full information regarding the number of shares sold at each price within the range.
  4. Includes (i) 535,167 shares held in the Cahr Dynastic Trust as of the close of business on March 9, 2011, over which Mr. Cahr has voting and investment power, (ii) 26,200 shares held by Mr. Cahr in a money purchase plan, (iii) 10,000 shares held in Mr. Cahr's spouse's individual retirement account, (iv) 4,500 shares held by Mr. Cahr in a 401(k) retirement plan. Does not include 89,000 shares held by Mr. Cahr's daughter, 7,500 shares held by Mr. Cahr's son and 3,800 shares held by Mr. Cahr's grandson, with respect to which Mr. Cahr disclaims beneficial ownership.
  5. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on March 9, 2011. The actual sales prices ranged from a low of $5.00 to a high of $5.01. The Reporting Person undertakes to provide upon request of the SEC Staff, Metropolitan Health Networks, Inc. or a Metropolitan Health Networks, Inc. security holder full information regarding the number of shares sold at each price within the range.
  6. Includes (i) 31,902 shares owned directly by Mr. Cahr or in individual accounts he controls, (ii) 40,400 shares held by Mr. Cahr jointly with Mr. Cahr's spouse, (iii) 39,900 shares held in Mr. Cahr's individual retirement account.