4//SEC Filing
KLAASSEN PAUL J 4
Accession 0001104659-18-022263
CIK 0001677203other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 7:58 PM ET
Size
6.4 KB
Accession
0001104659-18-022263
Insider Transaction Report
Form 4
KLAASSEN PAUL J
Director
Transactions
- Award
Deferred Stock Unit
2018-03-31+1,544→ 13,758 total→ Common Stock (1,544 underlying)
Footnotes (2)
- [F1]Each Deferred Stock Unit ("DSU") represents a right to receive one share of the common stock of Quality Care Properties, Inc. (the "Company").
- [F2]The reporting person has received an exempt award of 1,544 DSUs under the Company's 2016 Performance Incentive Plan, as amended and/or restated from time to time (the "Plan"), in connection with the reporting person's election to receive his quarterly cash retainer for services as a non-employee director on, and as lead independent director of, the Company's Board of Directors in shares of the Company's common stock and the deferral of the payment of such shares. DSUs represent a right to receive shares of the Company's common stock upon termination of service as a director of the Company, a change in control of the Company or the director's death. The number of DSUs granted is equal to the quotient of (A) the dollar value of the portion of such fees for which a deferral election was available and made, divided by (B) the Company's closing stock price on the last trading day prior to the date of grant rounded down to the nearest whole number. All DSUs are immediately vested.
Documents
Issuer
QUALITY CARE PROPERTIES, INC.
CIK 0001677203
Entity typeother
Related Parties
1- filerCIK 0001685952
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 7:58 PM ET
- Size
- 6.4 KB