Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MPW | Common stock, par value $0.001 | Award | $0 | +42.1K | +2.35% | $0.00 | 1.83M | Feb 1, 2022 | Direct | F1 |
transaction | MPW | Common stock, par value $0.001 | Award | $0 | +86.5K | +4.72% | $0.00 | 1.92M | Feb 1, 2022 | Direct | F2 |
Id | Content |
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F1 | Shares vest ratably at the beginning of each of the 12 calendar quarters beginning April 1, 2022. |
F2 | Shares will be earned based on the achievement of specific performance thresholds pertaining to the Company's per share funds from operations, EBITDA, and acquisitions, as defined and set by our compensation committee, over the period from January 1, 2022 through December 31, 2024, with the opportunity to earn up to one third of the award for 2022 performance against the specified measures. The actual number of shares to be issued will vary depending upon the achievement of these specific performance thresholds and further adjusted pursuant to modifier provisions in the award that are based on the Company's total return to shareholders. |