SEC Form 4 · accession 0001628280-18-001141
CareTrust REIT, Inc. · CTRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M. Sedgwick
Officer — Vice President of Operations
Period of report
Feb 3, 2018
Accepted (ET)
Feb 6, 2018 · 5:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001590717
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 3, 2018 | F | 5,073 | $15.37 | D | 127,038 | D | |
| Common StockF2 | Feb 6, 2018 | A | 40,320 | $0.00 | A | 167,358 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of common stock withheld by the Issuer to pay tax withholding obligations of the Reporting Person upon the vesting of restricted stock granted to the Reporting Person on February 3, 2017.
- F2Represents restricted shares of common stock granted to the Reporting Person. 50% of the grant vests in four equal installments beginning on the first anniversary of the grant date and the other 50% vests over four years based on the Issuer's satisfaction of certain performance criteria during such period.