4//SEC Filing
Ritz Michael 4
Accession 0001127602-20-000619
CIK 0000888491other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:05 PM ET
Size
19.4 KB
Accession
0001127602-20-000619
Insider Transaction Report
Form 4
Ritz Michael
Chief Accounting Officer
Transactions
- Exercise/Conversion
Profit Interest Units
2019-12-31−3,223→ 6,879 total→ OP Units (3,223 underlying) - Tax Payment
Common Stock
2019-12-31$42.35/sh−1,768$74,875→ 8,746 total - Exercise/Conversion
Common Stock
2019-12-31$42.35/sh+6,526$276,376→ 15,272 total - Exercise/Conversion
Common Stock
2019-12-31$42.35/sh+3,312$140,263→ 10,514 total - Tax Payment
Common Stock
2019-12-31$42.35/sh−3,132$132,640→ 12,140 total - Exercise/Conversion
Restricted Stock Units
2019-12-31−6,526→ 7,554 total→ Common Stock (6,526 underlying) - Exercise/Conversion
OP Units
2019-12-31+3,223→ 12,892 total→ Common Stock (3,223 underlying) - Exercise/Conversion
Restricted Stock Units
2019-12-31−3,312→ 14,080 total→ Common Stock (3,312 underlying)
Footnotes (7)
- [F1]Represents the remaining 25% of the restricted stock units earned based on performance for the 2016-2018 performance period that vested at the end of each calendar quarter of 2019, subject to continued employment and accelerated vesting in certain events.
- [F2]Represents the portion of Restricted Stock Units (RSUs) surrendered by the reporting person as payment of income tax liability in connection with the vesting of the RSUs.
- [F3]Represents the vesting of Restricted Stock Units subject to three-year cliff vesting granted on 1/1/2017, subject to continued employment and accelerated vesting in certain events and converted to common stock on a one-for-one basis.
- [F4]Represents Restricted Stock Units earned based on performance for the 2016-2018 performance period that vested at the end of each calendar quarter of 2019, subject to continued employment and accelerated vesting in certain event and converted to common stock on a one-for-one basis.
- [F5]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.
- [F6]25% of the units earned based on performance for the 2016-2018 performance period vest at the end of each calendar quarter of 2019, subject to continued employment and accelerated vesting in certain events.
- [F7]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. the OP Units have no expiration date.
Documents
Issuer
OMEGA HEALTHCARE INVESTORS INC
CIK 0000888491
Entity typeother
Related Parties
1- filerCIK 0001396485
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:05 PM ET
- Size
- 19.4 KB