Home > Insider Trading > Filing (0001225208-10-027690)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1001604	Emeritus Corp	ESC	Services-Nursing & Personal Care Facilities (8050)	911605464

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1101248	P L Iv Partners Saratoga	535 Madison Ave. New York NY 10022		No	No	Yes	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	2010-12-20	487,500	$19.50	3,914,330	No	4	S	Direct
Common Stock	Disposition	2010-12-20	32,500	$19.50	263,316	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Indirect	See Footnote

Footnotes

The price in Column 4 is a weighted average sale price. The prices actually received ranged from $19.50 to $20.37. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
Represents the sale of 14,300 shares by Saratoga Coinvestment IV LLC together with the sale of 18,200 shares by Saratoga Management Company LLC (for itself and as agent for four individuals.)
Saratoga Management Company LLC ("Saratoga Management") is (i) the Manager of the Reporting Person of which Saratoga Associates IV LLC is the General Partner, (ii) the Managing Member of Saratoga Coinvestment IV LLC ("Saratoga Coinvestment"), and (iii) the agent and attorney-in-fact for four individuals. As a result, the Reporting Person may be deemed to have indirect beneficial ownership of 103,192 shares directly owned by Saratoga Coinvestment and 160,124 shares directly owned by Saratoga Management (for itself and as agent for the individuals).