4/A//SEC Filing
Aldag Edward K JR 4/A
Accession 0000950170-24-031824
CIK 0001287865other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 9:00 PM ET
Size
6.9 KB
Accession
0000950170-24-031824
Insider Transaction Report
Form 4/AAmended
Aldag Edward K JR
DirectorChairman, President & CEO
Transactions
- Award
Restricted common stock units
2024-03-08+1,800,000→ 1,800,000 totalExercise: $0.00→ Common stock, par value $0.001 (1,800,000 underlying)
Footnotes (2)
- [F1]The restricted stock units 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 ending on December 31, 2027 (previously reported as March 8, 2028) as follows: (i) if the Company's share price increases to $7.00, 100% of the restricted stock units will be earned; (ii) if the Company's share price increases to $8.50, 200% of the restricted stock units will be earned; and (iii) if the Company's share price increases to $10.00, 300% of the restricted stock units will be earned. The actual number of restricted stock units 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 restricted stock units will be settled in cash in equal quarterly installments over one year (previously reported as two years) following the date the restricted stock units are earned, subject to the grantee's continued employment through such date, provided that all unsettled earned restricted stock units will be settled in cash 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. Each restricted stock unit will be settled in cash based on the value of a share of common stock.
Documents
Issuer
MEDICAL PROPERTIES TRUST INC
CIK 0001287865
Entity typeother
Related Parties
1- filerCIK 0001331608
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 9:00 PM ET
- Size
- 6.9 KB