4//SEC Filing
INSOFT STEVEN J 4
Accession 0001127602-22-000504
CIK 0000888491other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 4:44 PM ET
Size
13.4 KB
Accession
0001127602-22-000504
Insider Transaction Report
Form 4
INSOFT STEVEN J
Chief Corp Development Officer
Transactions
- Tax Payment
Common Stock
2021-12-31$29.59/sh−5,969$176,623→ 180,929 total - Exercise/Conversion
Restricted Stock Units
2021-12-31−12,918→ 0 total→ Common Stock (12,918 underlying) - Exercise/Conversion
Profit Interest Units
2021-12-31−47,714→ 35,973 total→ OP Units (47,714 underlying) - Exercise/Conversion
Common Stock
2021-12-31$29.59/sh+12,918$382,244→ 186,898 total - Exercise/Conversion
OP Units
2021-12-31+47,714→ 319,946 total→ Common Stock (47,714 underlying)
Footnotes (5)
- [F1]Represents 25% of the Restricted Stock Units earned based on performance for the 2018-2020 performance period that vested at the end of each calendar quarter of 2021, subject to continued employment and accelerated vesting in certain event and converted to common stock on a one-for-one basis.
- [F2]Represents shares withheld from the common stock issued in respect of vested awards as payment of the associated income tax withholding liability.
- [F3]Represents Profits Interest Units ("PIUs") in OHI Healthcare Properties Limited Partnership (the "Operating Partnership"), of which the Issuer is the general partner. Each PIU 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.
- [F4]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.
- [F5]25% of the PIUs vested into OP Units at the end of each quarter of 2021 based on achievements during the 2018-2020 performance period, subject to continued employment and accelerated vesting upon certain events.
Documents
Issuer
OMEGA HEALTHCARE INVESTORS INC
CIK 0000888491
Entity typeother
Related Parties
1- filerCIK 0001195680
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 4:44 PM ET
- Size
- 13.4 KB