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 | +166K | +150.97% | $0.00 | 276K | Jan 9, 2023 | OP Units | 166K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Represents Profits Interest Units ("PIUs") in OHI Healthcare Properties Limited Partnership (the "Operating Partnership"), of which the Issuer is the general partner. Each PIU represents a contingent right to receive one (1) unit of limited partnership interest (an "OP Unit") in the Operating Partnership upon vesting and the satisfaction of certain tax-driven economic requirements. OP Units do not expire. |
F2 | The PIUs have been earned, but not yet vested, based on Relative Total Shareholder Return for the 2020-2022 performance period, as certified by the Compensation Committee on January 9, 2023. |
F3 | 25% of the PIUs earned based on the 2020-2022 performance period will vest at the end of each quarter of 2023, subject to continued employment and accelerated vesting upon certain events. |