Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BKD | Common Stock | Disposed to Issuer | $0 | -7.16K | -3.38% | $0.00 | 205K | Feb 10, 2022 | Direct | F1 |
transaction | BKD | Common Stock | Award | $0 | +59.1K | +28.85% | $0.00 | 264K | Feb 10, 2022 | Direct | F2 |
Id | Content |
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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 59,091 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. |