0001127602-20-020834.txt : 20200702
0001127602-20-020834.hdr.sgml : 20200702
20200702150927
ACCESSION NUMBER: 0001127602-20-020834
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200630
FILED AS OF DATE: 20200702
DATE AS OF CHANGE: 20200702
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PICKETT C TAYLOR
CENTRAL INDEX KEY: 0001143567
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11316
FILM NUMBER: 201008803
MAIL ADDRESS:
STREET 1: C/O OMEGA HEALTHCARE INVESTORS
STREET 2: 900 VICTORS WAY #350
CITY: ANN ARBOR
STATE: MI
ZIP: 48108
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: OMEGA HEALTHCARE INVESTORS INC
CENTRAL INDEX KEY: 0000888491
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 383041398
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 303 INTERNATIONAL CIRCLE,
STREET 2: SUITE 200
CITY: HUNT VALLEY
STATE: MD
ZIP: 21030
BUSINESS PHONE: 410-427-1700
MAIL ADDRESS:
STREET 1: 303 INTERNATIONAL CIRCLE,
STREET 2: SUITE 200
CITY: HUNT VALLEY
STATE: MD
ZIP: 21030
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2020-06-30
0000888491
OMEGA HEALTHCARE INVESTORS INC
OHI
0001143567
PICKETT C TAYLOR
303 INTERNATIONAL CIRCLE
SUITE 200
HUNT VALLEY
MD
21030
1
1
Chief Executive Officer
Restricted Stock Units
2020-06-30
4
M
0
23375
0
D
Common Stock
23375
92081
D
Deferred Stock Units
2020-06-30
4
M
0
23375
0
A
Common Stock
23375
425477
D
Profit Interest Units
2020-06-30
4
M
0
33349
0
D
OP Units
33349
144981
D
OP Units
2020-06-30
4
M
0
33349
0
A
Common Stock
33349
144047
D
Represents PRSUs earned for the 2017-2019 performance period. 25% of the units earned based on performance for the 2017-2019 performance period vest at the end of each calendar quarter of 2020, subject to continued employment and accelerated vesting in certain events. These have been reported as Restricted Stock Units since satisfaction of the performance condition and are paid in common stock (or electable as Deferred Stock Units) on a one-for-one basis.
Represents Deferred Stock Units which the reporting person elected to receive in lieu of common stock upon the vesting of Restricted Stock Units. Each Deferred Restricted Stock Unit represents a right to receive one share of common stock.
The deferred stock units have been deferred by the reporting person until February 2024
Represents Profits Interest Units ("Profits Units") in OHI Healthcare Properties Limited Partnership (the "Operating Partnership"), of which the Issuer is the general partner. Each Profits Unit can be converted into one unit of limited partnership interest (an "OP Unit") in the Operating Partnership following vesting and the satisfaction of certain tax-driven economic requirements. Profits Units were granted the reporting person on 1/1/2017, and subsequently earned during the 2017-2019 performance period.
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 common stock, subject to adjustment as set forth in the partnership agreement. OP Units do not expire.
25% of the Profits Units earned based on the 2017-2019 performance period vest at the end of each quarter of 2020, subject to continued employment and accelerated vesting upon certain events.
/s/ Thomas H. Peterson, Attorney-in-Fact
2020-07-02