Barbara B. Hill - Jun 7, 2024 Form 4 Insider Report for OMEGA HEALTHCARE INVESTORS INC (OHI)

Role
Director
Signature
/s/ Meghan C. Lyons, Attorney-in-Fact
Stock symbol
OHI
Transactions as of
Jun 7, 2024
Transactions value $
$0
Form type
4
Date filed
6/11/2024, 04:07 PM
Previous filing
May 22, 2024

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 +7.47K +51.58% $0.00 22K Jun 7, 2024 OP Units 7.47K Direct F1, F2, F3, F4, F5
transaction OHI Profits Interest Units Options Exercise $0 -8.09K -36.83% $0.00 13.9K Jun 7, 2024 OP Units 8.09K Direct F1, F2, F5, F6
transaction OHI OP Units Options Exercise $0 +8.09K +40.36% $0.00 28.1K Jun 7, 2024 Common Stock 8.09K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 7, 2024 will vest on the date of the Company's 2025 Annual Meeting of Shareholders, subject to continued service.
F5 Includes 6,400 vested PIUs 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 5, 2023 vested and converted into OP Units on June 7, 2024.