4//SEC Filing
BOOTH DANIEL J 4
Accession 0001415889-24-024259
CIK 0000888491other
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 8:20 PM ET
Size
17.0 KB
Accession
0001415889-24-024259
Insider Transaction Report
Form 4
BOOTH DANIEL J
Chief Operating Officer
Transactions
- Exercise/Conversion
Profits Interest Units
2024-09-30−22,100→ 85,343 total→ OP Units (22,100 underlying) - Sale
Common Stock
2024-09-27$40.25/sh−56,725$2,283,181→ 100,000 total - Exercise/Conversion
OP Units
2024-09-30+22,100→ 380,911 total→ Common Stock (22,100 underlying)
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.40 to $40.00, inclusive. The reporting person undertakes to provide Omega Healthcare Investors, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]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.
- [F3]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.
- [F4]Represents 25% of the PIUs that vested into OP Units at the end of each calendar quarter in 2024 based on the performance for the 2021-2023 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
- Sep 30, 8:00 PM ET
- Accepted
- Oct 1, 8:20 PM ET
- Size
- 17.0 KB