Otten Jeffrey 4
4 · HEALTH CARE REIT INC /DE/ · Filed May 8, 2012
Insider Transaction Report
Form 4
Otten Jeffrey
Director
Transactions
- Exercise/Conversion
Common Stock
2012-05-06+164→ 6,555 total - Exercise/Conversion
Deferred Stock Units
2012-05-06−164→ 3,686 totalExercise: $0.00From: 2012-05-06Exp: 2012-05-06→ Common (164 underlying)
Footnotes (3)
- [F1]The reported transaction was a vesting of 164 deferred stock units on May 6, 2012, resulting in the issuance of 164 shares of common stock. No amount was payable in connection with the vesting or the common stock issuance.
- [F2]These deferred stock units were granted without cash consideration on May 6, 2010 under the Amended and Restated Health Care REIT, Inc. 2005 Long-Term Incentive Plan. Each deferred stock unit represents a right to receive one share of common stock of Health Care REIT, Inc. at the time of vesting of the unit. These deferred stock units vest in three installments, with 164 units having vested on May 6 of each of 2011 and 2012 and 163 units vesting on May 6, 2013.
- [F3]Includes (i) 577 deferred stock units granted on January 28, 2010, vesting on January 28, 2013; (ii) 163 deferred stock units granted on May 6, 2010, vesting on May 6, 2013; (iii) 1,288 deferred stock units granted on January 27, 2011, with 644 units vesting on January 27 of each of 2013 and 2014; and (iv) 1,658 deferred stock units granted on January 26, 2012, with 553 units vesting on January 26 of each of 2013 and 2014 and 552 deferred stock units vesting on January 26, 2015.