Global Medical REIT Inc. 4
4 · Global Medical REIT Inc. · Filed Jul 6, 2016
Insider Transaction Report
Form 4
Webb Allen
SVP
Transactions
- Award
LTIP Unit
2016-07-01+4,000→ 20,000 total→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]Represents units of limited partnership ("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 in equal installments on December 1 of each of 2016, 2017, 2018, 2019 and 2020.