4//SEC Filing
Sedgwick David M. 4
Accession 0001628280-24-003544
CIK 0001590717other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 6:36 PM ET
Size
7.1 KB
Accession
0001628280-24-003544
Insider Transaction Report
Form 4
Sedgwick David M.
President and CEO
Transactions
- Tax Payment
Common Stock
2024-02-05$20.44/sh−28,104$574,446→ 329,090 total - Award
Common Stock
2024-02-05+47,623→ 357,194 total
Footnotes (2)
- [F1]Represents the vesting of stock units subject to a relative total stockholder return-based stock unit ("TSR units") award granted on February 26, 2021, including 7,045 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 1, 2024 that the number of TSR units earned was 200.00% 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 were paid on a one-for-one basis in shares of the Issuer's Common Stock on February 5, 2024.
- [F2]Represents shares of common stock withheld by the Issuer to pay tax withholding obligations of the Reporting Person upon vesting of the TSR units and a previous restricted stock award granted to the Reporting Person.
Documents
Issuer
CareTrust REIT, Inc.
CIK 0001590717
Entity typeother
Related Parties
1- filerCIK 0001417554
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 6:36 PM ET
- Size
- 7.1 KB