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

Role
Director
Signature
/s/ Jamie Barber, as Attorney-in-Fact
Issuer symbol
GMRE
Transactions as of
29 Mar 2022
Net transactions value
$0
Form type
4
Filing time
30 Mar 2022, 16:06:01 UTC
Previous filing
28 May 2021
Next filing
24 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GMRE Common Stock Options Exercise +5,000 5,000 29 Mar 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 -5,000 -34% $0.000000 9,523 29 Mar 2022 Common Stock 5,000 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.