4//SEC Filing
Andrews Harold W. Jr. 4
Accession 0001510192-21-000036
CIK 0001492298other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 7:54 PM ET
Size
9.1 KB
Accession
0001510192-21-000036
Insider Transaction Report
Form 4
Andrews Harold W. Jr.
Executive VP, CFO & Secretary
Transactions
- Award
Common Stock
2021-02-26+12,983→ 577,077 total - Award
Common Stock
2021-02-26+3,991→ 564,094 total - Tax Payment
Common Stock
2021-02-26$17.22/sh−6,438$110,862→ 570,639 total
Footnotes (4)
- [F1]Represents stock units credited to the reporting person in the form of dividend equivalent payments on stock units previously granted to the reporting person that are outstanding under the Issuer's 2009 Performance Incentive Plan, calculated on the basis of the market value of the Issuer's common stock on the dividend payment date. These units will vest and become payable on the same terms as the original stock units to which they relate.
- [F2]Represents shares of the Issuer's Common Stock issued under the Issuer's 2009 Performance Incentive Plan subject to an annual bonus performance stock unit ("PSU") award granted on July 29, 2020, including 1,237 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 February 26, 2021 that the number of PSUs earned was 87.6% of the target. Upon this determination, the PSUs vested and were paid out immediately. Each PSU represented a contingent right to receive one share of the Issuer's Common Stock, based on the Issuer's achievement of an adjusted normalized funds from operations per share target for a performance period beginning January 1, 2020 and ending December 31, 2020.
- [F3]Represents shares withheld by the Issuer in accordance with Rule 16b-3 to satisfy tax withholding obligations in connection with the vesting of the PSUs, as reported herein.
- [F4]Includes 233,113 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
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 7:54 PM ET
- Size
- 9.1 KB