4//SEC Filing
KIERNAN ROBERT J 4
Accession 0001104659-22-030732
CIK 0001533615other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 7:08 PM ET
Size
9.6 KB
Accession
0001104659-22-030732
Insider Transaction Report
Form 4
KIERNAN ROBERT J
CFO and Treasurer
Transactions
- Award
LTIP Unit (Right to Buy)
2022-03-04+19,268→ 276,380 total→ Common Stock (19,268 underlying)
Footnotes (2)
- [F1]The Issuer's Board of Directors determined on February 24, 2022 that 50% of the LTIP Units vested and became nonforfeitable on March 4, 2022 as a result of meeting certain market-based criteria as of March 4, 2022 and 50% of the LTIP Units will vest on March 4, 2023, pursuant to the grant award agreement stipulations. The LTIP Units were awarded pursuant to an LTIP Unit vesting agreement, the form of which was filed as Exhibit 99.3 to the Issuer's Current Report on Form 8-K filed on March 7, 2019. The LTIP Units were issued pursuant to the Issuer's 2016 Equity Incentive Plan (as amended from time to time) and have no expiration date.
- [F2]As described in the OP's partnership agreement, vested LTIP Units that have achieved capital account parity may be exchanged at any time after vesting for cash or, at the election of the Issuer, for shares of Common Stock on a one-for-one basis. LTIP Units have no expiration date.
Issuer
Global Medical REIT Inc.
CIK 0001533615
Entity typeother
Related Parties
1- filerCIK 0001229248
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 7:08 PM ET
- Size
- 9.6 KB