Home > Insider Trading > Filing (0001225208-10-027691)

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
1102904	Saratoga Management Co Llc	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	340	$19.50	5,249	No	4	S	Direct
Common Stock	Disposition	2010-12-20	519,660	$19.50	4,172,397	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 sales of 487,500 shares by Saratoga Partners IV, L.P., 14,300 shares by Saratoga Coinvestment IV LLC and 17,860 shares by the Reporting Person as agent for four individuals.
The Reporting Person is (i) the Manager of Saratoga Partners IV, L.P. ("Saratoga Partners"), (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 3,914,330 shares directly owned by Saratoga Partners, 103,192 shares directly owned by Saratoga Coinvestment and 154,875 shares held by the Reporting Person as agent for the individuals.