SEC Form 4 · accession 0001593968-16-000496
Care Capital Properties, Inc. · CCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond J Lewis
Officer — Chief Executive Officer · Director
Period of report
Jan 21, 2016
Accepted (ET)
Jan 25, 2016 · 6:02 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,F3 | Jan 21, 2016 | F | 3,730 | $29.26 | D | 150,610 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld to pay the taxes on the vesting of restricted stock originally granted by Ventas, Inc. ("Ventas") on January 21, 2015 under the 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.
- F2Includes an additional 34,280 shares of Issuer restricted stock originally granted by Ventas and subsequently converted and adjusted in the manner described in footnote 1 in connection with the spin-off of the Issuer from Ventas on August 17, 2015.
- F3As of January 21, 2016, Reporting Person also owns options to purchase 769,426 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 the 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.