Steven E. Swain - Feb 10, 2022 Form 4 Insider Report for Brookdale Senior Living Inc. (BKD)

Role: EVP & Chief Financial Officer
Signature: /s/ J. Daniel Huffines, By Power of Attorney
Stock symbol: BKD
Transactions as of: Feb 10, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/14/2022, 06:42 PM
Previous filing: Nov 19, 2021
Next filing: Feb 28, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BKD	Common Stock	Disposed to Issuer	$0	-20.7K	-4.78%	$0.00	412K	Feb 10, 2022	Direct	F1
transaction	BKD	Common Stock	Award	$0	+161K	+39.17%	$0.00	573K	Feb 10, 2022	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents the forfeiture of a portion of the restricted shares granted to the reporting person in 2019 due to the failure to achieve performance goals established by the Compensation Committee.
F2	Grant of time-based restricted stock units under the Brookdale Senior Living Inc. Amended and Restated 2014 Omnibus Incentive Plan. Such restricted stock units are eligible to vest ratably in four annual installments beginning February 27, 2023, subject to continued employment. Each restricted stock unit is generally payable in the form of one share of the issuer's common stock upon vesting. This Form 4 does not report the grant of performance-based restricted stock units to the reporting person on February 10, 2022, which will be eligible to vest and be paid with respect to 161,364 shares of the issuer's common stock at target performance levels. The actual number of shares of the issuer's common stock, if any, that become payable under such performance-based restricted stock units will be reported following conclusion of the applicable performance periods.

Content

Represents the forfeiture of a portion of the restricted shares granted to the reporting person in 2019 due to the failure to achieve performance goals established by the Compensation Committee.

Grant of time-based restricted stock units under the Brookdale Senior Living Inc. Amended and Restated 2014 Omnibus Incentive Plan. Such restricted stock units are eligible to vest ratably in four annual installments beginning February 27, 2023, subject to continued employment. Each restricted stock unit is generally payable in the form of one share of the issuer's common stock upon vesting. This Form 4 does not report the grant of performance-based restricted stock units to the reporting person on February 10, 2022, which will be eligible to vest and be paid with respect to 161,364 shares of the issuer's common stock at target performance levels. The actual number of shares of the issuer's common stock, if any, that become payable under such performance-based restricted stock units will be reported following conclusion of the applicable performance periods.