Ayesha Menon - 15 Feb 2022 Form 4 Insider Report for WELLTOWER INC. (WELL)

Role: SVP - Strategic Investments
Signature: By: Matthew McQueen Attorney-in-Fact for: Ayesha Menon
Issuer symbol: WELL
Transactions as of: 15 Feb 2022
Net transactions value: -$195,433
Form type: 4
Filing time: 17 Feb 2022, 17:10:53 UTC
Previous filing: 18 Jan 2022
Next filing: 05 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WELL	Common Stock	Options Exercise	$0	+4,354	+35%	$0.000000	16,626	15 Feb 2022	Direct
transaction	WELL	Common Stock	Tax liability	$195,433	-2,408	-14%	$81.16	14,218	15 Feb 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	WELL	Deferred Stock Units	Options Exercise	$0	-4,354	-100%	$0.000000^*	0	15 Feb 2022	Common Stock	4,354	$0.000000	Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Shares withheld upon vesting to satisfy tax withholding obligation.
F2	These deferred stock units were granted without cash consideration on May 13, 2019, under the Welltower Inc. 2016 Long-Term Incentive Plan. Each deferred stock unit represents a right to receive one share of common stock of Welltower Inc. at the time of vesting of the unit. The deferred stock units vested on February 15, 2022.
F3	The reported transaction was a vesting of 4,354 deferred stock units on February 15, 2022, resulting in the issuance of 4,354 shares of common stock. No amount was payable in connection with the vesting or the common stock issuance.