Richard K. Matros - Jan 28, 2023 Form 4 Insider Report for Sabra Health Care REIT, Inc. (SBRA)

Signature
/s/ Michael Costa, as Attorney-in-Fact
Stock symbol
SBRA
Transactions as of
Jan 28, 2023
Transactions value $
$0
Form type
4
Date filed
1/31/2023, 06:24 PM
Previous filing
Jan 6, 2023
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBRA Common Stock Award $0 +65.7K +15.4% $0.00 493K Jan 28, 2023 Direct F1, F2
holding SBRA Common Stock 1.38M Jan 28, 2023 By R&A Matros Revocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of stock units granted under the Issuer's 2009 Performance Incentive Plan subject to a relative total stockholder return-based stock unit ("TSR units") award granted on December 24, 2019, including 14,270 shares with respect to dividend equivalent payments calculated based on the market value of the Issuer's Common Stock on the applicable dividend date. The Compensation Committee determined on January 28, 2023 that the number of TSR units earned was 71.61% of the target, based on the percentile ranking of the Issuer's total stockholder return among the total stockholder returns for the stocks comprising a group of pre-selected peer companies over the three-year performance period. Upon this determination, the TSR units vested immediately. The vested units will be paid on a one-for-one basis in shares of the Issuer's Common Stock on or about January 2, 2024, subject to earlier payment in the event of death, disability or change of control.
F2 Consists of stock units that, upon settlement, will be paid on a one-for-one basis in shares of the Issuer's Common Stock.