4//SEC Filing
Ritz Michael 4
Accession 0001127602-20-001567
CIK 0000888491other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 4:50 PM ET
Size
10.8 KB
Accession
0001127602-20-001567
Insider Transaction Report
Form 4
Ritz Michael
Chief Accounting Officer
Transactions
- Award
Profit Interest Units
2020-01-10+6,017→ 12,896 total→ OP Units (6,017 underlying) - Award
Restricted Stock Units
2020-01-10+15,583→ 23,137 total→ Common Stock (15,583 underlying) - Award
Profit Interest Units
2020-01-10+22,235→ 35,131 total→ OP Units (22,235 underlying)
Footnotes (5)
- [F1]Represents grant of 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. OP Units do not expire.
- [F2]Subject to three-year cliff vesting on 12/31/2022 and subject to continued employment on the vesting date with certain exceptions for qualifying termination of employment.
- [F3]Represents performance Restricted Stock Units earned (but not yet vested) based on Total Shareholder Return against a peer group for the 2017-2019 performance period, as certified by the Compensation Committee on January 10, 2020. Restricted Stock Units convert on a 1 for 1 basis into common stock.
- [F4]25% of the units earned based on performance for the 2017-2019 performance period vest at the end of each calendar quarter of 2020, subject to continued employment and accelerated vesting in certain events.
- [F5]Represents Profits Interest Units earned (but not yet vested) based on Total Shareholder Return for the 2017-2019 performance period, as certified by the Compensation Committee on January 10, 2020.
Documents
Issuer
OMEGA HEALTHCARE INVESTORS INC
CIK 0000888491
Entity typeother
Related Parties
1- filerCIK 0001396485
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 4:50 PM ET
- Size
- 10.8 KB