QUALITY CARE PROPERTIES, INC. 4
4 · QUALITY CARE PROPERTIES, INC. · Filed Dec 19, 2016
Insider Transaction Report
Form 4
NEEB D GREGORY
President&Chief Invest Officer
Transactions
- Award
Options (right to buy)
2016-12-15+1,120,000→ 1,120,000 totalExercise: $15.73Exp: 2023-12-15→ Common Stock (1,120,000 underlying) - Award
Options (right to buy)
2016-12-15+416,286→ 416,286 totalExercise: $15.73Exp: 2023-12-15→ Common Stock (416,286 underlying)
Footnotes (3)
- [F1]Each stock option represents the right to buy, upon exercise, one share of common stock of Quality Care Properties, Inc.
- [F2]560,000 of the 1,120,000 stock options were fully vested on the grant date. The remaining 560,000 stock options will vest subject to the achievement of performance criteria set forth in the form of option award agreement attached to Mr. Neeb's employment agreement. Vested options are not exercisable until the third anniversary of the grant date.
- [F3]The 416,286 stock options are scheduled to vest in full on the third anniversary of the grant date. Vested options are not exercisable until the third anniversary of the grant date.