4//SEC Filing
Andrews Harold W. Jr. 4
Accession 0001510192-21-000018
CIK 0001492298other
Filed
Jan 14, 7:00 PM ET
Accepted
Jan 15, 8:28 PM ET
Size
9.9 KB
Accession
0001510192-21-000018
Insider Transaction Report
Form 4
Andrews Harold W. Jr.
Executive VP, CFO & Secretary
Transactions
- Award
Common Stock
2021-01-13+63,194→ 513,593 total - Tax Payment
Common Stock
2021-01-13$17.20/sh−2,250$38,700→ 560,103 total - Award
Common Stock
2021-01-13+48,760→ 562,353 total
Footnotes (4)
- [F1]Represents the vesting of stock units granted under the Issuer's 2009 Performance Incentive Plan subject to a relative total stockholder return-based stock unit ("TSR units") award granted on December 27, 2017, including 14,507 shares with respect to dividend equivalent payments calculated based on the market value of the Issuer's Common Stock on the applicable dividend date. The Compensation Committee determined on January 13, 2021 that the number of TSR units earned was 146.67% of the target, based on the percentile ranking of the Issuer's total stockholder return among the total stockholder returns for the stocks comprising a group of pre-selected peer companies over the three-year performance period. Upon this determination, the TSR units vested immediately. The vested units will be paid on a one-for-one basis in shares of the Issuer's Common Stock on January 3, 2022, subject to earlier payment in the event of death, disability or change of control.
- [F2]Represents the vesting of stock units granted under the Issuer's 2009 Performance Incentive Plan subject to a relative total stockholder return-based stock unit ("TSR units") award granted on December 30, 2017, including 11,193 shares with respect to dividend equivalent payments calculated based on the market value of the Issuer's Common Stock on the applicable dividend date. The Compensation Committee determined on January 13, 2021 that the number of TSR units earned was 146.67% of the target, based on the percentile ranking of the Issuer's total stockholder return among the total stockholder returns for the stocks comprising a group of pre-selected peer companies over the three-year performance period. Upon this determination, the TSR units vested immediately. The vested units will be paid on a one-for-one basis in shares of the Issuer's Common Stock on January 3, 2022, subject to earlier payment in the event of death, disability or change of control.
- [F3]Represents shares withheld by the Issuer in accordance with Rule 16b-3 to satisfy tax withholding obligations in connection with the payout of previously vested restricted stock units previously granted to the reporting person.
- [F4]Includes 229,122 stock units that, upon settlement, will be paid on a one-for-one basis in shares of the Issuer's Common Stock.
Documents
Issuer
Sabra Health Care REIT, Inc.
CIK 0001492298
Entity typeother
Related Parties
1- filerCIK 0001505081
Filing Metadata
- Form type
- 4
- Filed
- Jan 14, 7:00 PM ET
- Accepted
- Jan 15, 8:28 PM ET
- Size
- 9.9 KB