HICKS GEORGE T 4
4 · Brookdale Senior Living Inc. · Filed Feb 24, 2021
Insider Transaction Report
Form 4
HICKS GEORGE T
Executive Vice President
Transactions
- Award
Common Stock
2021-02-22+29,470→ 289,774 total - Disposition to Issuer
Common Stock
2021-02-22−8,993→ 280,781 total
Footnotes (2)
- [F1]Grant of time-based restricted stock units under the Brookdale Senior Living Inc. Amended and Restated 2014 Omnibus Incentive Plan. Such restricted stock units are eligible to vest ratably in four annual installments beginning February 27, 2022, 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.
- [F2]Represents the reporting person's voluntary forfeiture of a portion of the performance-based restricted common stock granted to the reporting person in 2019 that was eligible to vest on February 27, 2022 in connection with the remaining 6,513 shares of such portion of performance-based restricted stock being converted into time-based restricted common stock that is eligible to vest on February 27, 2022, subject to continued service.