C. Taylor Pickett - Jun 30, 2021 Form 4 Insider Report for OMEGA HEALTHCARE INVESTORS INC (OHI)

Signature
/s/ Thomas H. Peterson, Attorney-in-Fact
Stock symbol
OHI
Transactions as of
Jun 30, 2021
Transactions value $
$0
Form type
4
Date filed
7/1/2021, 02:11 PM
Previous filing
May 17, 2021
Next filing
Sep 8, 2021

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

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Profits Interest Units ("PIUs") 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 one unit of limited partnership interest (an "OP Unit") in the Operating Partnership upon vesting and the satisfaction of certain tax-driven economic requirements.
F2 Each OP Unit is redeemable at the election of the holder for cash equal to the then fair market value of one share of Issuer common stock, or at the Issuer's election, one share of Issuer common stock, subject to adjustment as set forth in the partnership agreement. the OP Units have no expiration date.
F3 25% of the units earned based on performance for the 2018-2020 performance period vest at the end of each calendar quarter of 2021, subject to continued employment and accelerated vesting in certain events.
F4 On July 1, 2021, the reporting person transferred 225,000 OP Units to a limited liability company of which the reporting person is the manager and sole member.
F5 Represents 25% of the Restricted Stock Units earned based on performance for the 2018-2020 performance period, that was previously reported, that will vest at the end of each calendar quarter of 2021, subject to continued employment and accelerated vesting in certain event and converted to common stock on a one-for-one basis.
F6 Represents Deferred Stock Units which the reporting person elected to receive in lieu of common stock upon the vesting of Restricted Stock Units. Each Deferred Restricted Stock Unit represents a right to receive one share of common stock.
F7 The deferred stock units have been deferred by the reporting person until February 2024