SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
YARMUTH WILLIAM B

(Last) (First) (Middle)
9510 ORMSBY STATION ROAD
SUITE 300

(Street)
LOUISVILLE KY 40223

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ALMOST FAMILY INC [ AFAM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
12/30/2006
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 12/27/2006 G V 2,500 D $0.00 250,380 D
Common Stock 12/30/2006 M 8,742 A $2.1875 259,122(2) D
Common Stock 12/30/2006 F 2,878 D $43.82 256,244 D
Common Stock 01/03/2007 M 91,258 A $2.1875 347,502 D
Common Stock 01/03/2007 F 43,268 D $43.82 304,234 D
Common Stock 01/03/2007 M 100,000 A $4.25 404,234 D
Common Stock 01/03/2007 F 47,863 D $43.82 296,185(2) D
Common Stock 2,962(1) I By self as CO-TTEE for Irrevocable Trust
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Options(3) $2.1875 12/30/2006 M 8,742 03/05/2001 03/04/2009 Common Stock 8,742 (3) 66,258 D
Options(3) $2.1875 01/03/2007 M 66,258 03/05/2001 03/04/2009 Common Stock 66,258 (3) 0 D
Options(3) $2.1875 01/03/2007 M 25,000 03/05/2002 03/04/2009 Common Stock 25,000 (3) 0 D
Options(3)(4) $4.25 01/03/2007 M 100,000 02/05/2001 02/04/2011 Common Stock 100,000 (3)(4) 0 D
Explanation of Responses:
1. 2,962 shares consist of 2 individual trusts FBO J.J. Yarmuth and Jacob J. Yarmuth.
2. Since the date of the reporting person's last ownership report, pursuant to a domestic relations order, the reporting person received sole direct ownership of 36,208 shares of common stock previously reported by him as indirectly owned through joint ownership with his then-spouse. Moreover, one-half of the net realized shares of common stock received upon the exercise of his employee stock options are being delivered to his ex-spouse pursuant to the domestic relations order. The 296,185 shares reported herein as owned directly by the reporting person reflect the delivery of the shares pursuant to the domestic relations order. The reporting person no longer reports as indirectly owned by him any shares held by his ex-spouse.
3. Granted pursuant to the 1991 Long Term Incentive Stock Option Plan.
4. These options were vested in four equal installments beginning on 2/5/01.
C. Steven Guenthner, atty. in fact for: William B. Yarmuth 01/04/2007
** Signature of Reporting Person Date
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.