MOORE ROSCOE M JR 4
4 · Global Medical REIT Inc. · Filed Mar 30, 2022
Insider Transaction Report
Form 4
MOORE ROSCOE M JR
Director
Transactions
- Exercise/Conversion
Common Stock
2022-03-29+5,000→ 5,000 total - Exercise/Conversion
LTIP Unit
2022-03-29−5,000→ 9,523 total→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]Represents units of limited partnership ("LTIP Units") in Global Medical REIT L.P. (the "OP"), the operating partnership of the Issuer. As described in the OP's partnership agreement, vested LTIP Units may be exchanged at any time after vesting for cash or, at the option of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units have no expiration date.
- [F2]Of the 5,000 LTIP Units redeemed for shares of the Issuer's common stock, (i) 3,480 LTIP Units were issued on May 30, 2018 and were fully vested on May 30, 2019, and (ii) 1,520 LTIP Units were issued on May 29, 2019 and were fully vested on May 29, 2020.