Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34 Filing Table of Contents
Document/ExhibitDescriptionPagesSize
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4: EX-10.3 Material Contract HTML 39K
5: EX-10.4 Material Contract HTML 41K
6: EX-31.1 Certification -- §302 - SOA'02 HTML 27K
7: EX-31.2 Certification -- §302 - SOA'02 HTML 27K
8: EX-32.1 Certification -- §906 - SOA'02 HTML 22K
9: EX-32.2 Certification -- §906 - SOA'02 HTML 22K
16: R1 Document and Entity Information HTML 41K
17: R2 Consolidated Balance Sheets HTML 115K
18: R3 Consolidated Balance Sheets (Parenthetical) HTML 44K
19: R4 Consolidated Statements of Operations HTML 81K
20: R5 Consolidated Statements of Comprehensive (Loss) HTML 35K
Income
21: R6 Consolidated Statement of Changes in Equity HTML 78K
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23: R8 Basis of Presentation and Organization HTML 38K
24: R9 Initial Public Offering HTML 41K
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27: R12 Fair Value Measurements HTML 91K
28: R13 Accrued Expenses and Other Current Liabilities HTML 37K
29: R14 Variable Interest Entities HTML 29K
30: R15 Noncontrolling Interests Subject to Put Provisions HTML 38K
31: R16 Debt HTML 52K
32: R17 Income Taxes HTML 27K
33: R18 Stock-Based Compensation HTML 64K
34: R19 (Loss) Earnings Per Share HTML 55K
35: R20 Related Party Transactions HTML 35K
36: R21 Commitments and Contingencies HTML 27K
37: R22 Certain Legal Matters HTML 34K
38: R23 Changes in Ownership Interest in Consolidated HTML 38K
Subsidiaries
39: R24 Basis of Presentation and Organization (Policies) HTML 40K
40: R25 Cash (Tables) HTML 34K
41: R26 Fair Value Measurements (Tables) HTML 84K
42: R27 Accrued Expenses and Other Current Liabilities HTML 38K
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43: R28 Debt (Tables) HTML 47K
44: R29 Stock-Based Compensation (Tables) HTML 64K
45: R30 (Loss) Earnings Per Share (Tables) HTML 52K
46: R31 Changes in Ownership Interest in Consolidated HTML 35K
Subsidiaries (Tables)
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48: R33 Initial Public Offering (Details) HTML 107K
49: R34 Cash (Details) HTML 29K
50: R35 Accounts Receivable (Details) HTML 30K
51: R36 Fair Value Measurements (Details) HTML 30K
52: R37 Fair Value Measurements - Schedule of fair values HTML 58K
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53: R38 FAIR VALUE MEASUREMENTS - Fair value rollforward HTML 30K
for tax receivable agreement liability (Details)
54: R39 Accrued Expenses and Other Current Liabilities HTML 41K
(Details)
55: R40 Variable Interest Entities (Details) HTML 24K
56: R41 Noncontrolling Interests Subject to Put Provisions HTML 25K
(Details)
57: R42 DEBT - Schedule of long-term debt (Details) HTML 41K
58: R43 DEBT - Scheduled maturities of long-term debt HTML 40K
(Details)
59: R44 DEBT - Narrative (Details) HTML 51K
60: R45 Income Taxes (Details) HTML 28K
61: R46 STOCK-BASED COMPENSATION - Schedule of Expense HTML 30K
(Details)
62: R47 STOCK-BASED COMPENSATION - Narrative (Details) HTML 48K
63: R48 STOCK-BASED COMPENSATION - Assumptions used for HTML 33K
options granted (Details)
64: R49 STOCK-BASED COMPENSATION - Option activity HTML 54K
(Details)
65: R50 STOCK-BASED COMPENSATION - Restricted stock awards HTML 40K
(Details)
66: R51 (Loss) Earnings Per Share (Details) HTML 56K
67: R52 Related Party Transactions (Details) HTML 58K
68: R53 Commitments and Contingencies (Details) HTML 22K
69: R54 Certain Legal Matters (Details) HTML 28K
70: R55 Changes in Ownership Interest in Consolidated HTML 34K
Subsidiaries (Details)
72: XML IDEA XML File -- Filing Summary XML 121K
71: EXCEL IDEA Workbook of Financial Reports XLSX 67K
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American Renal Associates Holdings, Inc., a Delaware corporation (the “Company”), pursuant to its 2016 Omnibus Incentive Plan (the “Plan”), hereby grants to the Participant set forth below the number of Restricted Stock Units set forth below. The Restricted Stock Units are subject to all of the terms and conditions as set forth
herein, in the Restricted Stock Unit Agreement (attached hereto or previously provided to the Participant in connection with a prior grant), and in the Plan, all of which are incorporated herein in their entirety. Capitalized terms not otherwise defined herein shall have the meaning set forth in the Plan.
Participant:
[Insert Participant Name]
Date of Grant:
[Insert Date of Grant]
Number
of Restricted Stock Units:
[Insert No. of RSUs Granted]
Vesting Schedule:
Provided the Participant has not undergone a Termination at the time of each applicable vesting date (or event):
one-third (1/3) of the Restricted Stock Units will vest on each of the first three anniversaries of the Date of Grant; provided that in the event of a Change in Control that occurs during Participant’s service with
the Company, the Restricted Stock Units, to the extent not then vested or previously forfeited or canceled, will become fully vested.
* * *
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THE UNDERSIGNED PARTICIPANT ACKNOWLEDGES RECEIPT OF THIS RESTRICTED STOCK UNIT GRANT NOTICE, THE RESTRICTED STOCK UNIT AGREEMENT AND THE PLAN, AND, AS AN EXPRESS CONDITION TO THE GRANT OF RESTRICTED STOCK UNITS HEREUNDER, AGREES TO BE BOUND BY THE TERMS OF THIS RESTRICTED
STOCK UNIT GRANT NOTICE, THE RESTRICTED STOCK UNIT AGREEMENT AND THE PLAN.
AMERICAN RENAL ASSOCIATES HOLDINGS, INC.
PARTICIPANT1
By:
Title:
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To
the extent that the Company has established, either itself or through a third-party plan administrator, the ability to accept this award electronically, such acceptance shall constitute the Participant’s signature hereof.
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RESTRICTED STOCK UNIT AGREEMENT
UNDER THE
AMERICAN RENAL ASSOCIATES HOLDINGS, INC.
2016 OMNIBUS INCENTIVE PLAN
Pursuant
to the Restricted Stock Units Grant Notice (the “Grant Notice”) delivered to the Participant (as defined in the Grant Notice), and subject to the terms of this Restricted Stock Unit Agreement (this “Restricted Stock Unit Agreement”) and the American Renal Associates Holdings, Inc. 2016 Omnibus Incentive Plan (the “Plan”), American Renal Associates Holdings, Inc., a Delaware corporation (the “Company”), and the Participant agree as follows. Capitalized terms not otherwise defined herein shall have the same meaning as set forth in the Plan.
1. Grant of Restricted Stock Units. Subject to the terms and conditions set forth herein and in the Plan, the
Company hereby grants to the Participant the number of Restricted Stock Units provided in the Grant Notice (with each Restricted Stock Unit representing the right to receive one share of Common Stock upon the vesting of such Restricted Stock Unit). The Company may make one or more additional grants of Restricted Stock Units to the Participant under this Restricted Stock Agreement by providing the Participant with a new Grant Notice, which may also include any terms and conditions differing from this Restricted Stock Unit Agreement to the extent provided therein. The Company reserves all rights with respect to the granting of additional Restricted Stock Units hereunder and makes no implied promise to grant additional Restricted Stock Units.
2. Vesting. Subject
to the conditions contained herein and in the Plan, the Restricted Stock Units shall vest as provided in the Grant Notice. With respect to any Restricted Stock Unit, the period of time that such Restricted Stock Unit remains subject to vesting shall be its Restricted Period.
3. Settlement of Restricted Stock Units. The provisions of Section 9(d)(ii) of the Plan are incorporated herein by reference and made a part hereof.
4. Treatment of Restricted Stock Units Upon Termination.
(b) If the Participant
undergoes a Termination, then all unvested Restricted Stock Units shall be forfeited to the Company by the Participant for no consideration as of the date of such Termination.
5. Company; Participant.
(a) The term “Company” as used in this Restricted Stock Unit Agreement with reference to employment shall include the Board, the Company and its Subsidiaries.
(b) Whenever the word “Participant” is used in any provision of this Restricted Stock Unit Agreement under circumstances where the provision should logically be construed
to apply to the executors, the administrators, or the person or persons to whom the Restricted Stock Units may be transferred by will or by the laws of descent and distribution, the word “Participant” shall be deemed to include such person or persons.
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6. Non-Transferability. The Restricted Stock Units are not transferable by the Participant except to Permitted Transferees in accordance with Section 14(b) of the Plan. Except as otherwise provided herein, no assignment or transfer of the Restricted Stock Units, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, shall vest in the assignee or transferee any interest or right herein whatsoever,
but immediately upon such assignment or transfer the Restricted Stock Units shall terminate and become of no further effect.
7. Rights as Stockholder. The Participant or a Permitted Transferee of the Restricted Stock Units shall have no rights as a stockholder with respect to any share of Common Stock underlying a Restricted Stock unit unless and until the Participant shall have become the holder of record or the beneficial owner of such Common Stock, and no adjustment shall be made for dividends or distributions or other rights in respect of such share of Common Stock for which the record date is prior to the date upon which the Participant shall become the holder of record or the beneficial owner thereof.
8. Tax Withholding. The provisions of Section 14(d) of the
Plan are incorporated herein by reference and made a part hereof. In addition, the Committee, subject to its having considered the applicable accounting impact of any such determination, has full discretion to allow the Participant to satisfy, in whole or in part, any additional income, employment and/or other applicable taxes payable by the Participant with respect to an Award by electing to have the Company withhold from the shares of Common Stock otherwise issuable or deliverable to, or that would otherwise be retained by, the Participant upon the grant, vesting or settlement of the Award, as applicable, shares of Common Stock having an aggregate Fair Market Value that is greater than the applicable minimum required statutory withholding liability (but such withholding may in no event be in excess of the maximum statutory withholding
amount(s) in the Participant’s relevant tax jurisdictions).
9. Notice. Every notice or other communication relating to this Restricted Stock Unit Agreement between the Company and the Participant shall be in writing, and shall be mailed to or delivered to the party for whom it is intended at such address as may from time to time be designated by such party in a notice mailed or delivered to the other party as herein provided; provided that, unless and until some other address be so designated, all notices or communications by the Participant to the Company shall be mailed or delivered to the
Company at its principal executive office, to the attention of the Corporate Secretary, and all notices or communications by the Company to the Participant may be given to the Participant personally or may be mailed to the Participant at the Participant’s last known address, as reflected in the Company’s records. Notwithstanding the above, all notices and communications between the Participant and any third-party plan administrator shall be mailed, delivered, transmitted or sent in accordance with the procedures established by such third-party plan administrator and communicated to the Participant from time to time.
10. No Right to Continued Service. This Restricted Stock Unit Agreement does not confer
upon the Participant any right to continue as an employee, director or service provider to the Company.
11. Binding Effect. This Restricted Stock Unit Agreement shall be binding upon the heirs, executors, administrators and successors of the parties hereto.
12. Waiver and Amendments. Except as otherwise set forth in Section 13 of the Plan, any waiver, alteration, amendment or modification of any of the terms of this Restricted Stock Unit Agreement shall be valid only if made in writing and signed by the parties hereto; provided, however, that any such waiver, alteration, amendment or modification is consented to on the
Company’s behalf by the Committee. No waiver by either of the parties hereto of their rights hereunder shall be deemed to
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constitute a waiver with respect to any subsequent occurrences or transactions hereunder unless such waiver specifically states that it is to be construed as a continuing waiver.
13. Governing Law. This Restricted Stock Unit Agreement shall be construed and interpreted in accordance with the laws of the State of Delaware, without regard to the principles of conflicts of law thereof. Notwithstanding anything contained in this Restricted Stock Unit Agreement, the Grant Notice or the Plan to the contrary, if any suit or claim is instituted
by the Participant or the Company relating to this Restricted Stock Unit Agreement, the Grant Notice or the Plan, the Participant hereby submits to the exclusive jurisdiction of and venue in the courts of Massachusetts.
14. Plan. The terms and provisions of the Plan are incorporated herein by reference. In the event of a conflict or inconsistency between the terms and provisions of the Plan and the provisions of this Restricted Stock Unit Agreement, the Plan shall govern and control.
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Dates Referenced Herein and Documents Incorporated by Reference