0001144204-19-012794.txt : 20190307
0001144204-19-012794.hdr.sgml : 20190307
20190307170226
ACCESSION NUMBER: 0001144204-19-012794
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190305
FILED AS OF DATE: 20190307
DATE AS OF CHANGE: 20190307
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Leon Alfonzo
CENTRAL INDEX KEY: 0001647511
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37815
FILM NUMBER: 19666574
MAIL ADDRESS:
STREET 1: 4800 MONTGOMERY LANE SUITE 450
CITY: BETHESDA
STATE: MD
ZIP: 20814
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Global Medical REIT Inc.
CENTRAL INDEX KEY: 0001533615
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 464757266
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2 BETHESDA METRO CENTER
STREET 2: SUITE 440
CITY: BETHESDA
STATE: MD
ZIP: 20814
BUSINESS PHONE: 202-524-6851
MAIL ADDRESS:
STREET 1: 2 BETHESDA METRO CENTER
STREET 2: SUITE 440
CITY: BETHESDA
STATE: MD
ZIP: 20814
FORMER COMPANY:
FORMER CONFORMED NAME: SCOOP MEDIA, INC.
DATE OF NAME CHANGE: 20111027
4
1
tv515753_form4.xml
FORM 4
X0306
4
2019-03-05
0
0001533615
Global Medical REIT Inc.
GMRE
0001647511
Leon Alfonzo
2 BETHESDA METRO CENTER, SUITE 440
BETHESDA
MD
20814
0
1
0
0
Chief Investment Officer
LTIP Unit (Right to Buy)
2019-03-05
4
A
0
12765
0
A
Common Stock
12765
62861
D
LTIP Unit (Right to Buy)
2019-03-05
4
A
0
8342
0
A
Common Stock
8342
71203
D
LTIP Unit (Right to Buy)
2019-03-05
4
A
0
3125
0
A
Common Stock
3125
74328
D
Represents units of limited partnership interest ("LTIP Units") in Global Medical REIT L.P. (the "OP"), the operating partnership of the Issuer. The Issuer's Board of Directors determined on March 5, 2019 that 50% of the LTIP Units vested and became nonforfeitable as a result of meeting certain market based performance criteria as of December 31, 2018 and 50% of the LTIP Units will vest on March 5, 2020, pursuant to the grant award agreement stipulations. The performance-based LTIP Units were issued pursuant to the Issuer's 2016 Equity Incentive Plan and have no expiration date.
As described in the OP's partnership agreement, vested LTIP Units may be exchanged at any time after the first anniversary of the grant date (so long as capital parity has been achieved) for cash or, at the election of the Issuer, for shares of Common Stock on a one-for-one basis. LTIP Units have no expiration date.
Awarded pursuant to an LTIP Unit performance-based vesting agreement, the form of which was filed as Exhibit 99.3 to the Issuer's Current Report on Form 8-K filed on April 12, 2018.
LTIP Units vest in equal one-third installments on March 5 of 2020, 2021 and 2022. The LTIP Units were issued pursuant to the Issuer's 2016 Equity Incentive Plan and have no expiration date.
50% of the LTIP Units vested at issuance and the remaining will vest on March 5, 2020 pursuant to the grant award agreement stipulations.
/s/ Alfonzo Leon
2019-03-07