Stefan K.l. Oh - 01 Oct 2021 Form 4 Insider Report for American Healthcare REIT, Inc. (AHR)

Role: EVP, Head of Acquisitions
Signature: /s/ STEFAN K.L. OH
Issuer symbol: AHR
Transactions as of: 01 Oct 2021
Net transactions value: $0
Form type: 4
Filing time: 05 Oct 2021, 21:34:23 UTC
Next filing: 04 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AHR	Class I Common Stock	Award		+1,598	+23%		8,544	01 Oct 2021	Direct	F1
transaction	AHR	Class I Common Stock	Award		+15,443			15,443	01 Oct 2021	By IRA	F1
transaction	AHR	Class T Common Stock	Award	$0	+95,586	+3672%	$0.000000	98,189	04 Oct 2021	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the acquisition of shares of the Issuer's common stock in connection with the merger (the "Merger") of Griffin-American Healthcare REIT III, Inc. ("GAHR III") with and into Continental Merger Sub, LLC, a wholly-owned subsidiary of American Healthcare REIT, Inc. ("AHR"). In the Merger, each share of GAHR III's common stock, par value $0.01 per share, was converted into the right to receive 0.9266 shares of the Issuer's Class I common stock, par value $0.01 per share ("AHR Class I Common Stock"). There is no established market for shares of AHR Class I Common Stock. On March 18, 2021, the board of directors of AHR approved an estimated value per share of AHR Class I Common Stock of $9.22.
F2	On October 4, 2021, the Reporting Person was granted (a) 26,437 shares of restricted Class T common stock which vest in three equal annual installments on October 1, 2022, October 1, 2023 and October 1,2024 (subject to continuous employment through each vesting date), and (b) 69,149 shares of restricted Class T common stock which vest on October 4, 2024 (subject to continuous employment through eachvesting date).

Content

Reflects the acquisition of shares of the Issuer's common stock in connection with the merger (the "Merger") of Griffin-American Healthcare REIT III, Inc. ("GAHR III") with and into Continental Merger Sub, LLC, a wholly-owned subsidiary of American Healthcare REIT, Inc. ("AHR"). In the Merger, each share of GAHR III's common stock, par value $0.01 per share, was converted into the right to receive 0.9266 shares of the Issuer's Class I common stock, par value $0.01 per share ("AHR Class I Common Stock"). There is no established market for shares of AHR Class I Common Stock. On March 18, 2021, the board of directors of AHR approved an estimated value per share of AHR Class I Common Stock of $9.22.

On October 4, 2021, the Reporting Person was granted (a) 26,437 shares of restricted Class T common stock which vest in three equal annual installments on October 1, 2022, October 1, 2023 and October 1,2024 (subject to continuous employment through each vesting date), and (b) 69,149 shares of restricted Class T common stock which vest on October 4, 2024 (subject to continuous employment through eachvesting date).