4//SEC Filing
Costa Michael Lourenco 4
Accession 0001976617-24-000023
CIK 0001492298other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 4:25 PM ET
Size
7.2 KB
Accession
0001976617-24-000023
Insider Transaction Report
Form 4
Costa Michael Lourenco
Executive VP, CFO & Treasurer
Transactions
- Award
Common Stock
2024-01-31+23,209→ 244,133 total
Holdings
- 784(indirect: By IRA)
Common Stock
- 207(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Represents the vesting of stock units granted under the Issuer's 2009 Performance Incentive Plan subject to a relative total stockholder return-based stock unit ("TSR units") award granted on December 24, 2020, including 5,260 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 January 31, 2024 that the number of TSR units earned was 148.84% 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 will be paid on a one-for-one basis in shares of the Issuer's Common Stock on or about January 2, 2025, subject to earlier payment in the event of death, disability or change of control.
- [F2]Includes 142,924 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 0001838630
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 4:25 PM ET
- Size
- 7.2 KB