4//SEC Filing
McKenzie William G 4
Accession 0001287865-11-000004
CIK 0001287865other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 7:26 PM ET
Size
10.2 KB
Accession
0001287865-11-000004
Insider Transaction Report
Form 4
McKenzie William G
DirectorOther
Transactions
- Award
LTIP Units
2010-12-31+20,000→ 60,000 totalExercise: $0.00→ Common Stock, par value $.001 (20,000 underlying)
Footnotes (2)
- [F1]One third of potential 60,000 LTIP units as outlined in the 2007 Multi-year Incentive Plan award; achievement at the one-third level is based on potential "pay for performance" targets.
- [F2]Represents units of limited partnership interest in MPT Operating Partnership, L.P. ("MPT OP") of which the Issuer is the general partner, issued as long term incentive compensation pursuant to the Issuer's Second Amended and Restated 2004 Equity Incentive Plan. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into units of profits interest in MPT OP (a "Common Unit"). Each Common Unit acquired upon conversion of a LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert LTIP Units into Common Units and redeem Common Units do not have expiration dates.
Issuer
MEDICAL PROPERTIES TRUST INC
CIK 0001287865
Entity typeother
Related Parties
1- filerCIK 0001331566
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 7:26 PM ET
- Size
- 10.2 KB