* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
The Reporting Person is filing this Form 3 solely due to the entry into a voting agreement (the "Voting Agreement") by and among Brookdale Senior Living Inc. ("Parent") and certain shareholders (the "Shareholders") of Emeritus Corporation (the "Issuer"). The Reporting Person also filed a Schedule 13D on March 3, 2014. The Voting Agreement was entered into in connection with the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 20, 2014, by and among Parent, Broadway Merger Sub Corporation, a wholly owned subsidiary of Parent ("Merger Sub"), and the Issuer. |
(2) |
(FN 1 con't) As a result of certain provisions contained in the Voting Agreement, the Reporting Person may be deemed to have beneficial ownership of the shares of the Issuer's common stock (the "Shares") covered by the Voting Agreement (an aggregate of 5,894,739 Shares, which represents approximately 12.1% of the Issuer's total outstanding Shares based on 48,572,673 Shares reported outstanding as of February 18, 2014 (as represented in the Merger Agreement)) for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Reporting Person expressly disclaims any beneficial ownership of the securities reported herein, and the Reporting Person does not have any pecuniary interest (as defined in Rule 16a-1(a)(2) of the Exchange Act) in any of the Shares subject to the Voting Agreement. |
(3) |
(FN 2 con't) The Reporting Person declares that the filing of this Form 3 shall not be construed as an admission that the Reporting Person is the beneficial owner of any securities reported in this Form 3. For additional information regarding the Voting Agreement and the Merger Agreement, see Schedule 13D filed by Parent with the Securities and Exchange Commission on March 3, 2014. |