LOWENTHAL EDWARD 4
4 · OMEGA HEALTHCARE INVESTORS INC · Filed Jun 11, 2019
Insider Transaction Report
Form 4
LOWENTHAL EDWARD
Director
Transactions
- Award
Profit Interest Units
2019-06-07$35.98/sh+4,169$150,001→ 4,169 total→ OP Units (4,169 underlying)
Footnotes (3)
- [F1]Represents Profits Interest Units ("Profits Units") in OHI Healthcare Properties Limited Partnership (the "Operating Partnership"), of which the Issuer is the general partner. Each Profits Unit represents a contingent right to receive one unit of limited partnership interest (an "OP Unit") in the Operating Partnership upon vesting and the satisfaction of certain tax-driven economic requirements. Each OP Unit is redeemable at the election of the holder for cash equal to the then fair market value of one share of Issuer common stock, or at the Issuer's election, one share of Issuer common stock, subject to adjustment as set forth in the partnership agreement.
- [F2]Represents annual grant of Restricted Stock the reporting person elected to take as Profits Interest Units.
- [F3]Profits Interest Units vesting on the date of the 2020 annual meeting, subject to continued service and acceleration upon certain events.