Home > Insider Trading > Filing (0001209191-10-055897)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
919956	Advocat Inc	AVCA	Services-Skilled Nursing Care Facilities (8051)	621559667

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1253540	Iii R William Council	1621 Galleria Boulevard Brentwood TN 37027	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	2010-11-18	4,200	$4.74	68,913	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	2010 Restricted Stock Units	$0.00			44	4,587	Direct
Common Stock	2009 Restricted Stock Units	$0.00			130	13,491	Direct
Common Stock	Stock Settled Stock Appreciation Right	$5.45	2011-06-18	2020-06-18	25,000	25,000	Direct
Common Stock	Stock Settled Stock Appreciation Right	$2.37	2010-03-13	2019-03-14	25,000	25,000	Direct
Common Stock	Stock Settled Stock Appreciation Right	$10.88	2009-03-14	2018-03-14	25,000	25,000	Direct
Common Stock	Stock Settled Stock Appreciation Right	$11.59	2008-03-07	2017-03-07	25,000	25,000	Direct
Common Stock	Stock Options (right to buy)	$5.44		2015-12-13	75,000	75,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	44	4,587	Direct
	130	13,491	Direct
2020-06-18	25,000	25,000	Direct
2019-03-14	25,000	25,000	Direct
2018-03-14	25,000	25,000	Direct
2017-03-07	25,000	25,000	Direct
2015-12-13	75,000	75,000	Direct

Footnotes

This price represents the weighted average purchase price of multiple transactions on the reported date at prices that ranged between $4.72 and $4.75. Detailed information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, the issuer, or a security holder of the issuer.
Each restricted stock unit is equal to one share.
The 2010 Restricted Stock Units shall vest and be exercisable in full on the 2nd anniversary of their original Grant Date (03/15/2010).
The 2009 Restricted Stock Units shall vest and be exercisable in full on the 2nd anniversary of their original Grant Date (03/13/2009).
Vests 1/3 on the first anniversary of the date of grant, 1/3 on the second anniversary of the date of grant, and 1/3 on the third anniversary of the date of grant.
Vested December 13, 2005.