0001127602-20-026452.txt : 20201005
0001127602-20-026452.hdr.sgml : 20201005
20201005105733
ACCESSION NUMBER: 0001127602-20-026452
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201001
FILED AS OF DATE: 20201005
DATE AS OF CHANGE: 20201005
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: INSOFT STEVEN J
CENTRAL INDEX KEY: 0001195680
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11316
FILM NUMBER: 201222666
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
2020-10-01
0000888491
OMEGA HEALTHCARE INVESTORS INC
OHI
0001195680
INSOFT STEVEN J
303 INTERNATIONAL CIRCLE
SUITE 200
HUNT VALLEY
MD
21030
1
Chief Corp Development Officer
Common Stock
2020-10-01
4
M
0
11687
29.94
A
209494
D
Common Stock
2020-10-01
4
F
0
5177
29.94
D
204317
D
Restricted Stock Units
2020-10-01
4
M
0
11687
0
D
Common Stock
11687
34360
D
Profit Interest Units
2020-10-01
4
M
0
16675
0
D
OP Units
16675
51242
D
OP Units
2020-10-01
4
M
0
16675
0
A
Common Stock
16675
167442
D
Represents the vesting into common stock, on a one-for-one basis, of 25% of the Performance Restricted Stock Units (PRSUs) that were earned for the 2017-2019 performance period and are subject to quarterly vesting in 2020. These have been reported as Restricted Stock Units since satisfaction of the performance condition.
Represents shares withheld from the common stock issued in respect of vested awards as payment of the associated income tax withholding liability.
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 on a one-for-one basis.
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 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.
/s/ Thomas H. Peterson, Attorney-in-Fact
2020-10-05