SEC Form 4 · accession 0001045450-18-000042
EPR PROPERTIES · EPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Druten
Director
Period of report
Jun 1, 2018
Accepted (ET)
Jun 1, 2018 · 5:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001045450
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Jun 1, 2018 | M | 2,340 | $0.00 | A | 25,753 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1 | — | Jun 1, 2018 | M | 2,340 | D | Jun 1, 2018 | Jun 1, 2018 | Common Shares | 2,340 | 5,378 | D |
| Restricted Share UnitsF2,F3 | — | Jun 1, 2018 | A | 2,849 | A | — | — | Common Shares | 2,849 | 8,227 | D |
| Restricted Share UnitsF4,F3 | — | Jun 1, 2018 | A | 1,727 | A | — | — | Common Shares | 1,727 | 9,954 | D |
Explanation of responses
- F1Each Restricted Share Unit represents a contingent right to receive one share of the Issuer's common shares.
- F2Restricted Share Units were issued to Reporting Person in lieu of the Reporting Person's Annual Trustee Retainer fee. Each Restricted Share Unit represents a contingent right to receive one share of the Issuer's common shares.
- F3Subject to certain exceptions, the vesting date for the Restricted Share units is the earlier of (a) the close of business on the day preceding the first annual meeting of shareholders after the date of grant, or (b) a Change of Control (as defined in the 2016 Equity Incentive Plan). Settlement and delivery of common shares subject to vested Restricted Share Units are made pursuant to instructions provided to the Company by the Reporting Person prior to the date of grant.
- F4Restricted Share Units were issued to the Reporting Person pursuant to Company's Equity Incentive Plan. Each Restricted Share Unit represents a contingent right to receive one share of the Issuer's common shares.