4//SEC Filing
BOOTH DANIEL J 4
Accession 0001415889-24-001032
CIK 0000888491other
Filed
Jan 11, 7:00 PM ET
Accepted
Jan 12, 4:15 PM ET
Size
15.5 KB
Accession
0001415889-24-001032
Insider Transaction Report
Form 4
BOOTH DANIEL J
Chief Operating Officer
Transactions
- Award
Profits Interest Units
2024-01-12+30,815→ 151,643 total→ OP Units (30,815 underlying) - Award
Profits Interest Units
2024-01-10+88,399→ 120,828 total→ OP Units (88,399 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 (1) unit of limited partnership interest (an "OP Unit") in the Operating Partnership upon vesting and the satisfaction of certain tax-driven economic requirements. OP Units do not expire.
- [F2]The PIUs have been earned, but not yet vested, based on Relative Total Shareholder Return for the 2021-2023 performance period, as certified by the Compensation Committee on January 10, 2024.
- [F3]25% of the PIUs earned based on the 2021-2023 performance period will vest at the end of each quarter of 2024, subject to continued employment and accelerated vesting upon certain events.
- [F4]Each OP Unit is redeemable at the election of the holder for cash equal to the then fair market value of one (1) share of Issuer common stock, or at the Issuer's election, one (1) share of Issuer common stock, subject to adjustment as set forth in the partnership agreement. The OP Units have no expiration date.
- [F5]Subject to three-year vesting cliff on 12/31/2026 and subject to continued employment on the vesting date with certain exceptions for qualifying termination of employment. OP Units do not expire
Documents
Issuer
OMEGA HEALTHCARE INVESTORS INC
CIK 0000888491
Entity typeother
Related Parties
1- filerCIK 0001161443
Filing Metadata
- Form type
- 4
- Filed
- Jan 11, 7:00 PM ET
- Accepted
- Jan 12, 4:15 PM ET
- Size
- 15.5 KB