4//SEC Filing
Jenkins Robert M 4
Accession 0001728951-25-000051
CIK 0001728951other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 4:44 PM ET
Size
7.0 KB
Accession
0001728951-25-000051
Insider Transaction Report
Form 4
Jenkins Robert M
Executive VP and COO
Transactions
- Award
OP Units
2025-02-20+7,817→ 7,817 total→ Common Stock (7,817 underlying)
Footnotes (3)
- [F1]The OP Units ("OP Units") are units of limited partnership interest issued by Essential Properties, L.P., a Delaware limited partnership and the entity through which Essential Properties Realty Trust, Inc. (the "Company") holds substantially all of its assets and conducts its operations. The OP Units are redeemable by the holder for cash or, at the Company's election, may be exchanged for shares of the Company's common stock at a one-to-one ratio, subject to anti-dilution adjustments.
- [F2]Represents a special class of OP Units issued by Essential Properties, L.P. pursuant to its Partnership Agreement and the Company's Long-Term Incentive Plan ("LTIP Units"). Each LTIP Unit represents the contingent right to receive one OP Unit upon vesting, conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes.
- [F3]These LTIP Units vest ratably on the first, second, third and fourth anniversaries of January 18, 2025, subject to the reporting person's continued employment by the Company through the applicable vesting date. There is no expiration date for the LTIP Units or OP Units.
Documents
Issuer
ESSENTIAL PROPERTIES REALTY TRUST, INC.
CIK 0001728951
Entity typeother
Related Parties
1- filerCIK 0002013812
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 4:44 PM ET
- Size
- 7.0 KB