Stephen D. Plavin - 03 Jun 2022 Form 4 Insider Report for OMEGA HEALTHCARE INVESTORS INC (OHI)

Role
Director
Signature
/s/ Meghan C. Lyons , Attorney-in-Fact
Issuer symbol
OHI
Transactions as of
03 Jun 2022
Transactions value $
$0
Form type
4
Filing time
06 Jun 2022, 20:35:44
Previous filing
09 Jun 2021
Next filing
07 Jun 2023

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 Profits Interest Units Award $0 +5.16K +129.96% $0.00 9.13K 03 Jun 2022 OP Units 5.16K Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Profits Interest Units ("Profits Units") in OHI Healthcare Properties Limited Partnership (the "Operating Partnership"), of which the Issuer is the general partner. Each Profits Unit can be converted into one unit of limited partnership interest (an "OP Unit") in the Operating Partnership following vesting and the satisfaction of certain tax-driven economic requirements.
F2 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's common stock, subject to adjustment as set forth in the partnership agreement. OP Units do not expire.
F3 Represents the annual grant of stock the reporting person elected to receive as Profits Interest Units.
F4 100% of the reporting person's Profits Interest Units granted on June 3, 2022 will vest on the date of the Company's 2023 Annual Meeting of Shareholders, subject to continued service.
F5 Includes 3,969 vested Profits Interest Units which can be converted to OP units if certain tax-related conditions are met.