Filing Details
- Accession Number:
- 0001209191-12-020062
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-03-27 16:13:03
- Reporting Period:
- 2012-03-23
- Filing Date:
- 2012-03-27
- Accepted Time:
- 2012-03-27 16:13:03
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1011064 | Sunrise Senior Living Inc | SRZ | Services-Nursing & Personal Care Facilities (8050) | 541746596 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1208541 | S Mark Ordan | 7900 Westpark Drive Mclean VA 22102 | 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 | Acquisiton | 2012-03-23 | 48,300 | $0.92 | 229,718 | No | 4 | M | Direct | |
Common Stock | Disposition | 2012-03-23 | 48,300 | $7.27 | 181,418 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2012-03-26 | 132,879 | $0.92 | 314,297 | No | 4 | M | Direct | |
Common Stock | Disposition | 2012-03-26 | 132,879 | $7.39 | 181,418 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2012-03-27 | 43,821 | $0.92 | 225,239 | No | 4 | M | Direct | |
Common Stock | Disposition | 2012-03-27 | 43,821 | $7.37 | 181,418 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2012-03-23 | 48,300 | $0.00 | 48,300 | $0.92 |
Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2012-03-26 | 132,879 | $0.00 | 132,879 | $0.92 |
Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2012-03-27 | 43,821 | $0.00 | 43,821 | $0.92 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
1,451,700 | 2009-11-13 | 2018-11-13 | No | 4 | M | Direct |
1,318,821 | 2009-11-13 | 2018-11-13 | No | 4 | M | Direct |
1,275,000 | 2009-11-13 | 2018-11-13 | No | 4 | M | Direct |
Footnotes
- The reporting person exercised an employee stock option to purchase 48,300 shares at an exercise price of $0.92 per share.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.21 to $7.31, inclusive. The reporting person undertakes to provide to Sunrise Senior Living, Inc. ("Sunrise"), any security holder of Sunrise, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) to this Form 4.
- The reporting person exercised an employee stock option to purchase 132,879 shares at an exercise price of $0.92 per share.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.31 to $7.51, inclusive. The reporting person undertakes to provide to Sunrise, any security holder of Sunrise, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.
- The reporting person exercised an employee stock option to purchase 43,821 shares at an exercise price of $0.92 per share.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.25 to $7.53, inclusive. The reporting person undertakes to provide to Sunrise, any security holder of Sunrise, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (6) to this Form 4.
- Represents the balance of Mr. Ordan's stock option to purchase 1,500,000 shares at an exercise price of $0.92 per share, which was granted to him on November 13, 2008 and is presently exercisable. In addition, Mr. Ordan has a stock option to purchase 1,000,000 shares at an exercise price of $3.94 per share, which was granted to him on December 1,2010 and of which 333,333 shares are presently exercisable. The remaining 666,667 shares subject to the option will vest and become exercisable in two equal installments on December 1, 2012 and 2013, subject to continued employment on the applicable vesting date. Mr. Ordan also holds stock options to purchase 240,000 shares at an exercise price of $18.25 per share, which were granted to him on March 19, 2008. Of these, options for 191,999 shares are presently exercisable and options for 48,001 shares will vest and become exercisable on March 19, 2013, subject to continued employment on the vesting date.