Sec Form 4 Filing - GIBSON BRAD @ Skilled Healthcare Group, Inc. - 2009-02-13

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
GIBSON BRAD
2. Issuer Name and Ticker or Trading Symbol
Skilled Healthcare Group, Inc. [ SKH]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP Operations Finance
(Last) (First) (Middle)
27442 PORTOLA PKWY SUITE 200
3. Date of Earliest Transaction (MM/DD/YY)
02/13/2009
(Street)
FOOTHILL RANCH, CA92660
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/13/2009 A 3,500 A $ 0 3,500 D
Common Stock 02/15/2009 D 376 ( 1 ) D $ 10.04 ( 2 ) 3,124 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
GIBSON BRAD
27442 PORTOLA PKWY SUITE 200
FOOTHILL RANCH, CA92660
VP Operations Finance
Signatures
By: Roland Rapp, Attorney-in-Fact for For: Brad Gibson 02/18/2009
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These securities are restricted shares of Skilled Healthcare Group Inc. (the "Company") common stock Class A, par value $0.001 per share, awarded pursuant to the Skilled Healthcare Group Inc. 2007 Incentive Award Plan (the "2007 Plan"). On February 15, 2009, 875 of the Reporting Person's restricted shares vested. Pursuant to the 2007 Plan, at the Reporting Person's election, the restricted shares reported hereby were forfeited by the Reporting Person to satisfy applicable withholding tax obligations with respect to the vesting of such restricted shares.
( 2 )No consideration was received by the Reporting Person for his forfeiture of the restricted shares. The forfeiture of restricted shares by the Reporting Person was made pursuant to the 2007 Plan.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(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).

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