Richards C Marc 4
4 · QUALITY CARE PROPERTIES, INC. · Filed Mar 23, 2018
Insider Transaction Report
Form 4
Richards C Marc
Chief Financial Officer
Transactions
- Award
Common Stock
2018-03-22+43,841→ 73,146 total - Award
Common Stock
2018-03-22+29,227→ 102,373 total
Footnotes (3)
- [F1]Represents the number of shares of restricted common stock of Quality Care Properties, Inc. (the "Company") granted on March 22, 2018 that are subject to service and performance-based vesting conditions. Subject to such conditions, the actual number of shares earned will vest in three equal annual installments, provided that the first vesting date only will be the later of (1) the first anniversary of the grant date and (2) the date on which the performance-based vesting conditions are satisfied.
- [F2]Represents the number of shares of the Company's restricted common stock granted on March 22, 2018 that are subject solely to service-based vesting conditions. Subject to such conditions, the shares will vest in three equal annual installments beginning on the first anniversary of the grant date.
- [F3]21,528 of these shares remain subject to service-based vesting requirements and will vest in equal installments on March 8, 2019 and on March 8, 2020. 73,068 of these shares remain subject to the vesting requirements described in footnotes 1 and 2.