Roscoe M. Moore Jr - Mar 29, 2022 Form 4 Insider Report for Global Medical REIT Inc. (GMRE)

Role
Director
Signature
/s/ Jamie Barber, as Attorney-in-Fact
Stock symbol
GMRE
Transactions as of
Mar 29, 2022
Transactions value $
$0
Form type
4
Date filed
3/30/2022, 04:06 PM
Previous filing
May 28, 2021
Next filing
May 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GMRE Common Stock Options Exercise +5K 5K Mar 29, 2022 Direct F1

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 Options Exercise $0 -5K -34.43% $0.00 9.52K Mar 29, 2022 Common Stock 5K Direct F1, F2
* 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. 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.
F2 Of the 5,000 LTIP Units redeemed for shares of the Issuer's common stock, (i) 3,480 LTIP Units were issued on May 30, 2018 and were fully vested on May 30, 2019, and (ii) 1,520 LTIP Units were issued on May 29, 2019 and were fully vested on May 29, 2020.