Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | OHI | Profits Interest Units | Jan 1, 2025 | OP Units | 42.8K | $0.00 | Direct | F2 | ||||||
holding | OHI | OP Units | Jan 1, 2025 | Common Stock | 69.4K | $0.00 | Direct | F3 |
Id | Content |
---|---|
F1 | Represents shares purchased by officer as part of the Omega Healthcare Investors, Inc. (the "Issuer") Employee Stock Purchase Plan. |
F2 | Represents 11,957 Profits Interest Units ("PIUs") granted on 1/1/22, 15,408 PIUs granted on 1/1/23, and 15,388 PIUs granted on 1/1/24, respectively, in OHI Healthcare Properties Limited Partnership (the "Operating Partnership"), of which the Issuer is the general partner. Each PIU represents a contingent right to receive 1 unit of limited partnership interest (an "OP Unit") in the Operating Partnership upon vesting and the satisfaction of certain tax-driven economic requirements. Each PIU is subject to three-year, time-based cliff vesting on 12/31/25, 12/31/26, and 12/31/27, respectively, and will be subject to the executive officer's continued employment on the vesting date. Vesting will be accelerated in the case of Retirement or a Qualifying Termination (as defined in the award agreement), subject to the officer's compliance with certain restrictive covenants. Distributions accrue and will be paid on unvested and vested time-based PIUs. |
F3 | Each OP Unit is redeemable at the election of the holder for cash equal to the then fair market value of one (1) share of Issuer common stock, or at the Issuer's election, one (1) share of Issuer common stock, subject to adjustment as set forth in the partnership agreement. OP Units do not expire. |
EXHIBIT LIST - Exhibit 24 - Power of Attorney for Matthew P. Gourmand