Home/Filings/4/0001104659-23-025453
4//SEC Filing

Busch Jeffrey 4

Accession 0001104659-23-025453

CIK 0001533615other

Filed

Feb 23, 7:00 PM ET

Accepted

Feb 24, 6:20 PM ET

Size

6.2 KB

Accession

0001104659-23-025453

Insider Transaction Report

Form 4
Period: 2023-02-23
Busch Jeffrey
DirectorChairman, President and CEO
Transactions
  • Award

    LTIP Unit (Right to Buy)

    2023-02-23+36,563616,667 total
    Common Stock (36,563 underlying)
Footnotes (2)
  • [F1]Represents units of limited partnership interest ("LTIP Units") in Global Medical REIT L.P. (the "OP"), the operating partnership of the Issuer. All of the LTIP Units vest on February 23, 2026, subject to the Reporting Person's continued employment on such date. The LTIP Units were awarded pursuant to an LTIP Unit vesting agreement, the form of which was filed as Exhibit 10.3 to the Issuer's Quarterly Report on Form 10-Q filed on May 6, 2022. 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 0001620772

Filing Metadata

Form type
4
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 6:20 PM ET
Size
6.2 KB