4//SEC Filing
BOOTH DANIEL J 4
Accession 0001415889-24-000190
CIK 0000888491other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 12:51 PM ET
Size
20.7 KB
Accession
0001415889-24-000190
Insider Transaction Report
Form 4
BOOTH DANIEL J
Chief Operating Officer
Transactions
- Exercise/Conversion
Profits Interest Units
2023-12-31−19,224→ 32,429 total→ OP Units (19,224 underlying) - Exercise/Conversion
Common Stock
2023-12-31$30.66/sh+22,051$676,084→ 217,437 total - Exercise/Conversion
OP Units
2023-12-31+19,224→ 314,611 total→ Common Stock (19,224 underlying) - Exercise/Conversion
Restricted Stock Units
2023-12-31−22,051→ 28,685 total→ Common Stock (22,051 underlying) - Tax Payment
Common Stock
2023-12-31$30.66/sh−10,712$328,430→ 206,725 total
Footnotes (5)
- [F1]Represents the vesting into Common Stock of Restricted Stock Units granted on January 1, 2021 subject to a three-year, time-based vesting and subject to a three-year, time-based vesting into OP Units that were granted in 2021, subject to continued employment, certain tax-related conditions, and accelerated vesting under certain conditions.
- [F2]Represents shares withheld from the common stock issued in respect of vested awards as payment of the associated income tax liability.
- [F3]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.
- [F4]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 common stock, subject to adjustment as set forth in the partnership agreement. The OP Units have no expiration date.
- [F5]Represents 25% of the PIUs that vested into OP Units at the end of each calendar quarter in 2023 based on the performance for the 2020-2022 performance period, subject to continued employment and accelerated vesting under certain circumstances.
Documents
Issuer
OMEGA HEALTHCARE INVESTORS INC
CIK 0000888491
Entity typeother
Related Parties
1- filerCIK 0001161443
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 12:51 PM ET
- Size
- 20.7 KB