4//SEC Filing
HILL BARBARA B 4
Accession 0001415889-23-009386
CIK 0000888491other
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 5:33 PM ET
Size
17.3 KB
Accession
0001415889-23-009386
Insider Transaction Report
Form 4
HILL BARBARA B
Director
Transactions
- Exercise/Conversion
OP Units
2023-06-05+8,304→ 20,035 total→ Common Stock (8,304 underlying) - Award
Profits Interest Units
2023-06-05+8,087→ 22,791 total→ OP Units (8,087 underlying) - Exercise/Conversion
Profits Interest Units
2023-06-05−8,304→ 14,487 total→ OP Units (8,304 underlying)
Footnotes (5)
- [F1]Represents Profits Interest Units ("PIUs") in OHI Healthcare Properties Limited Partnership (the "Operating Partnership"), of which the Issuer is the general partner. Each PIU represents a contingent right to receive one unit of limited partnership interest (an "OP Unit") in the Operating Partnership upon vesting and the satisfaction of certain tax-driven economic requirements.
- [F2]Each OP Unit is redeemable at the election of the holder for cash equal to the then fair market value of one share of Issuer common stock, or at the Issuer's election, one share of Issuer's common stock, subject to adjustment as set forth in the partnership agreement. OP Units do not expire.
- [F3]100% of the reporting person's PIUs granted on June 5, 2023 will vest on the date of the Company's 2024 Annual Meeting of Shareholders, subject to continued service.
- [F4]Includes 6,400 vested PIUs which can be converted to OP units if certain tax-related conditions are met.
- [F5]100% of the reporting person's PIUs granted on June 3, 2022 vested and converted into OP Units on June 5, 2023.
Documents
Issuer
OMEGA HEALTHCARE INVESTORS INC
CIK 0000888491
Entity typeother
Related Parties
1- filerCIK 0001235676
Filing Metadata
- Form type
- 4
- Filed
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 5:33 PM ET
- Size
- 17.3 KB