SEC Form 4 · accession 0001104659-16-092560
Care Capital Properties, Inc. · CCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy A Doman
Officer — EVP and COO
Period of report
Jan 27, 2016
Accepted (ET)
Jan 29, 2016 · 6:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001639947
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 27, 2016 | A | 16,768 | $0.00 | A | 92,042 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3,F5,F4 | $29.94 | Jan 27, 2016 | A | 85,554 | A | Jan 27, 2017 | Jan 27, 2026 | Common Stock | 85,554 | 85,554 | D |
Explanation of responses
- F1Restricted stock granted by Issuer pursuant to the Care Capital Properties, Inc. 2015 Incentive Plan (the "Plan"). This restricted stock vests in three equal annual installments beginning on the first anniversary of the date of the grant.
- F2Includes 41,048 shares of Issuer restricted stock originally granted by Ventas, Inc. ("Ventas") on various dates under the Ventas 2006 Incentive Plan or Ventas 2012 Incentive Plan. In connection with the spin-off of the Issuer from Ventas on August 17, 2015, each outstanding and unvested award of Ventas restricted stock owned by the Reporting Person was converted into an award of Issuer restricted stock and adjusted (based on the relative average per share closing prices of Ventas common stock and Issuer common stock on the New York Stock Exchange ("NYSE") during the first ten trading days immediately following the spin-off) in a manner intended to preserve the aggregate value of the award.
- F3Stock options granted by Issuer pursuant to the Plan.
- F4These options vest in three equal annual installments beginning on the first anniversary of the date of the grant.
- F5As of January 27, 2016, Reporting Person owns options to purchase an additional 164,457 shares of Issuer common stock. In connection with the spin-off of the Issuer from Ventas on August 17, 2015, each outstanding and unexercised option to purchase Ventas common stock owned by Reporting Person was converted into an option to purchase Issuer common stock and adjusted (based on the relative average per share closing prices of Ventas common stock and Issuer common stock on the NYSE during the first ten trading days immediately following the spin-off) in a manner intended to preserve the aggregate intrinsic value of the option.