4//SEC Filing
Hooper Rosa Handley 4
Accession 0000950170-23-069827
CIK 0001287865other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 7:05 PM ET
Size
5.7 KB
Accession
0000950170-23-069827
Insider Transaction Report
Form 4
Williams Rosa Handley
SVP of Operations
Transactions
- Award
Common stock, par value $0.001
2023-12-08+200,000→ 362,751 total
Footnotes (2)
- [F1]The shares were granted under the Medical Properties Trust, Inc. Amended and Restated 2019 Equity Incentive Plan and will be earned based on the achievement of specified increases in the price of the Company's common stock during the four-year period following December 8, 2023 (the "Grant Date") as follows: (i) if the Company's share price increases to $7.00, 100% of the shares will be earned; (ii) if the Company's share price increases to $8.50, 200% of the shares will be earned; and (iii) if the Company's share price increases to $10.00, 300% of the shares will be earned. The actual number of shares to be earned will be determined based on the trailing 20-trading day average closing price of the Company's common stock (continued on footnote 2).
- [F2]Earned shares will become vested in equal quarterly installments over two years following the date the shares are earned, subject to the grantee's continued employment through such date, provided that all unvested earned shares will vest in full on the date that the Compensation Committee makes the final determination regarding achievement of the performance metrics following the end of the four-year performance period.
Documents
Issuer
MEDICAL PROPERTIES TRUST INC
CIK 0001287865
Entity typeother
Related Parties
1- filerCIK 0001969905
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 7:05 PM ET
- Size
- 5.7 KB