Henry Cole - May 26, 2021 Form 4 Insider Report for Global Medical REIT Inc. (GMRE)

Role
Director
Signature
/s/ Henry Cole
Stock symbol
GMRE
Transactions as of
May 26, 2021
Transactions value $
$0
Form type
4
Date filed
5/28/2021, 04:29 PM
Next filing
Mar 8, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GMRE LTIP Unit Award $0 +4.22K +25.99% $0.00 20.5K May 26, 2021 Common Stock 4.22K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 option of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units have no expiration date.
F3 LTIP Units vest on May 26, 2022, subject to the Reporting Person's continued service as a director until such date.