SEC Form 4 · accession 0001510192-18-000139
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 24, 2018
Accepted (ET)
Dec 31, 2018 · 5:53 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,F2 | Dec 24, 2018 | A | 26,310 | $0.00 | A | 342,190 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of stock units under the Issuer's 2009 Performance Incentive Plan (the "Plan"). The units vest at the rate of 25% on each of December 31, 2019, December 31, 2020, December 31, 2021 and December 31, 2022. The vested units will be paid on a one-for-one basis in shares of the Issuer's Common Stock in the 2023 calendar year, subject to earlier payment in the event of separation from service, death, disability or change of control.
- F2Includes 99,104 stock units that, upon settlement, will be paid on a one-for-one basis in shares of the Issuer's Common Stock.