{"id":6508,"date":"2013-05-20T06:36:19","date_gmt":"2013-05-20T10:36:19","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=6508"},"modified":"2013-05-20T06:36:33","modified_gmt":"2013-05-20T10:36:33","slug":"adcare-health-systems-inc-nysemktadk-issues-a-ten-year-warrant-to-cfo","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/adcare-health-systems-inc-nysemktadk-issues-a-ten-year-warrant-to-cfo-6508","title":{"rendered":"AdCare Health Systems, Inc (NYSEMKT:ADK) issues a ten-year warrant to CFO"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 05\/20\/2013 (wallstreetpr) &#8211; Friday\u2019s trading session saw AdCare Health Systems, Inc (NYSEMKT:ADK) climbing down by 12.41%. It opened at a price of $5.55 which reached an intraday high of $5.66 before heading down to close at $5.01 per share. In excess of 0.168 million shares exchanged hands in the previous trading session. This figure stood below the average volume of 0.924 million that was measured over a 30-day period.<\/p>\n<p style=\"text-align: justify;\">On Friday, ADK announced that it has issued a ten-year warrant to Ronald W. Fleming, Chief Financial Officer to purchase 70,000 shares on 15 May 2013. This common stock has the exercise price of $5.90 per share. 1\/3rd of the shares that underlie the warrant will be vested ratably 15 May 2014, 15 May 2015 and 15 May 2016. A change in AdCare control will accelerate the vesting of the underlying shares.\u00a0 The warrant is exercisable by cashless exercise or cash. The Compensation Committee of the company\u2019s Board of Directors approved the warrant issuance.<\/p>\n<p style=\"text-align: justify;\">Via\u00a0 its subsidiaries, AdCare Health Systems, Inc (NYSEMKT:ADK) owns and operates skilled nursing facilities, retirement communities as well as assisted living facilities in Alabama, Arkansas, Missouri, Georgia, North Carolina, Oklahoma and Ohio. ADK\u2019s facilities provide a variety of health-care services to residents including assisted living services, skilled nursing, various therapy services, social services and other healthcare and rehabilitative services. It operates in three different segments- SNF or skilled nursing facilities, ALF or assisted living facilities as well as corporate &amp; other.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 05\/20\/2013 (wallstreetpr) &#8211; Friday\u2019s trading session saw AdCare Health Systems, Inc (NYSEMKT:ADK) climbing down by 12.41%. It opened at a price of $5.55 [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":6509,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[264],"tags":[2163,2164],"stock_ticker":[],"class_list":["post-6508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health","tag-adcare-health-systems-inc-nysemktadk","tag-nysemktadk","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AdCare Health Systems, Inc (NYSEMKT:ADK) issues a ten-year warrant to CFO - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/adcare-health-systems-inc-nysemktadk-issues-a-ten-year-warrant-to-cfo-6508\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AdCare Health Systems, Inc (NYSEMKT:ADK) issues a ten-year warrant to CFO - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 05\/20\/2013 (wallstreetpr) &#8211; Friday\u2019s trading session saw AdCare Health Systems, Inc (NYSEMKT:ADK) climbing down by 12.41%. 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