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 | +5.02K | +126.56% | $0.00 | 8.99K | Jun 5, 2023 | OP Units | 5.02K | Direct | F1, F2, F3, F4, F5 | |
transaction | OHI | Profits Interest Units | Options Exercise | $0 | -5.16K | -57.36% | $0.00 | 3.83K | Jun 5, 2023 | OP Units | 5.16K | Direct | F1, F2, F5, F6 | |
transaction | OHI | OP Units | Options Exercise | $0 | +5.16K | $0.00 | 5.16K | Jun 5, 2023 | Common Stock | 5.16K | Direct | F2 |
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 unit of limited partnership interest (an "OP Unit") in the Operating Partnership upon 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 election to receive as Profits Interest Units. |
F4 | 100% of the reporting person's PIUs granted on June 5, 2023 will vest on the date of the Company's 2024 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. |
F6 | 100% of the reporting person's PIUs granted on June 3, 2022 vested and converted into OP Units on June 5, 2023. |