C. Taylor Pickett - 03 Sep 2021 Form 4 Insider Report for OMEGA HEALTHCARE INVESTORS INC (OHI)

Signature
/s/ Thomas H. Peterson, Attorney-in-Fact
Issuer symbol
OHI
Transactions as of
03 Sep 2021
Net transactions value
$0
Form type
4
Filing time
08 Sep 2021, 12:58:11 UTC
Previous filing
01 Jul 2021
Next filing
04 Oct 2021

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 OHI OP Units Gift $0 -225,000 -100% $0.000000* 0 03 Sep 2021 Common Stock 225,000 C Taylor Pickett LLC F1, F2
transaction OHI OP Units Gift $0 +225,000 $0.000000 225,000 03 Sep 2021 Common Stock 225,000 Pickett Trust 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 parntership interest ( each an "OP Unit") in OHI Healthcare Properties Limited Partnership, of which the Issuer is the general partner. 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. OP Units have no expiration date.
F2 On September 3, 2021, the reporting person gifted 100% of the limited liability company membership interests in C. Taylor Pickett LLC, of which the reporting person was the sole member and which is the beneficial owner of 225,000 OP Units, to an irrevocable trust for the benefit of the reporting person's spouse and son.