Swain Steven E 4
4 · Brookdale Senior Living Inc. · Filed Feb 24, 2021
Insider Transaction Report
Form 4
Swain Steven E
EVP & Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2021-02-22−62,023→ 508,978 total - Award
Common Stock
2021-02-22+189,097→ 571,001 total
Footnotes (3)
- [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]Includes 800 shares of common stock acquired by the reporting person since the last report pursuant to the issuer's Associate Stock Purchase Plan.
- [F3]Represents the reporting person's voluntary forfeiture of a portion of the performance-based restricted common stock granted to the reporting person in 2019 in order to become eligible to receive a discretionary cash bonus following the conclusion of fiscal 2020.