Patchett Mary Sue 4
4 · Brookdale Senior Living Inc. · Filed Feb 14, 2020
Insider Transaction Report
Form 4
Patchett Mary Sue
EVP - Chief Operating Officer
Transactions
- Award
Common Stock
2020-02-12+63,921→ 368,206 total
Footnotes (1)
- [F1]Grant of time-based restricted stock units under the Amended and Restated Brookdale Senior Living Inc. 2014 Omnibus Incentive Plan. Such restricted stock units are eligible to vest ratably in four annual installments beginning February 27, 2021, subject to continued employment. Each restricted stock unit is generally payable in the form of one share of the issuer's common stock upon vesting. This Form 4 does not report the grant of performance-based restricted stock units to the reporting person on February 12, 2020, which will be eligible to vest and be paid with respect to 63,920 shares of the issuer's common stock at target performance levels. The actual number of shares of the issuer's common stock, if any, that become payable under such performance-based restricted stock units will be reported following conclusion of the performance period ending December 31, 2022.