CALLEN CRAIG R 4
4 · OMEGA HEALTHCARE INVESTORS INC · Filed Jul 26, 2021
Insider Transaction Report
Form 4
CALLEN CRAIG R
Director
Transactions
- Exercise/Conversion
Profit Interest Units
2021-06-03−8,025→ 9,301 total→ OP Units (8,025 underlying) - Award
Profit Interest Units
2021-07-22+1,100→ 10,401 total→ OP Units (1,100 underlying) - Exercise/Conversion
OP Units
2021-06-03+8,025→ 13,861 total→ Common Stock (8,025 underlying)
Footnotes (4)
- [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 can be converted into one unit of limited partnership interest (an "OP Unit") in the Operating Partnership following vesting and the satisfaction of certain tax-driven economic requirements.
- [F2]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.
- [F3]100% of the reporting persons Profits Interest Units granted on 6/7/2021 will vest on the date of the Issuer's 2022 Annual Meeting of shareholders, subject to continued Board service.
- [F4]Incremental Profits Interest Units granted for 2021 reflecting a revision to Omega's annual director compensation program.