Global Medical REIT Inc. 4
4 · Global Medical REIT Inc. · Filed Jul 6, 2016
Insider Transaction Report
Form 4
Cole Henry
Director
Transactions
- Award
LTIP Unit
2016-07-01+2,750→ 2,750 total→ Common Stock (2,750 underlying)
Footnotes (3)
- [F1]Represents units of limited partnership interest ("LTIP Units") in Global Medical REIT L.P. (the "OP"), the operating partnership of the Issuer.
- [F2]As described in the OP's partnership agreement, Vested LTIP Units may be exchanged at any time after vesting for cash or, at the election of the Issuer, for shares of Common Stock on a one-for-one basis. LTIP Units have no expiration date.
- [F3]LTIP Units vest on the earlier to occur of July 1, 2017 and the date of the Issuer's 2017 annual meeting of shareholders, provided that the Reporting Person is re-elected as a director of the Issuer at such meeting.