SCHIMMEL PHILIP R 4
4 · QUALITY CARE PROPERTIES, INC. · Filed Jul 27, 2018
Insider Transaction Report
Form 4
SCHIMMEL PHILIP R
Director
Transactions
- Disposition to Issuer
Common Stock
2018-07-26$20.75/sh−2,337$48,493→ 0 total - Disposition to Issuer
Common Stock
2018-07-26$20.75/sh−60$1,245→ 0 total(indirect: By Trust) - Disposition to Issuer
Deferred Stock Unit
2018-07-26−10,607→ 0 totalExercise: $0.00→ Common Stock (10,607 underlying)
Footnotes (4)
- [F1]Upon the July 26, 2018 closing of the merger (the "Merger") of Quality Care Properties, Inc. ("QCP") with and into Welltower Inc. ("Welltower") in which Welltower acquired all of the outstanding capital stock of QCP, each outstanding share of QCP common stock was converted into the right to receive $20.75 in cash (without interest).
- [F2]Consists of shares of QCP's common stock owned by the Philip Schimmel Trust with Mr. Schimmel as the sole trustee.
- [F3]Each deferred stock unit represents the right to receive, at settlement, one share of common stock of QCP.
- [F4]Upon the closing of the Merger, each outstanding QCP deferred stock unit award fully vested and was converted into the right to receive $20.75 in respect of each share underlying the deferred stock unit award.