SEC Form 4 · accession 0001510192-16-000084
Sabra Health Care REIT, Inc. · SBRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Harold W. Andrews Jr.
Officer — Executive VP, CFO & Secretary
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 6:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001492298
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 31, 2015 | F | 1,711 | $20.23 | D | 205,992 | D | |
| Common StockF2,F3 | Dec 31, 2015 | A | 18,369 | $0.00 | A | 224,361 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld by the Issuer in accordance with Rule 16b-3 to satisfy tax withholding obligations in connection with the vesting of restricted stock units previously granted to the reporting person.
- F2Grant of stock units under the Issuer's 2009 Performance Incentive Plan (the "Plan"). The units vest at the rate of 25% on each of January 10, 2017, January 10, 2018, January 10, 2019, and January 10, 2020. The vested units will be paid on a one-for-one basis in shares of the Issuer's Common Stock no earlier than the first anniversary of the applicable vesting date, subject to earlier payment in the event of death, disability or change of control.
- F3Includes 39,952 unvested stock units that, upon vesting, will be paid on a one-for-one basis in shares of the Issuer's Common Stock.