SEC Form 4 · accession 0001104659-18-047747
QUALITY CARE PROPERTIES, INC. · QCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul J Klaassen
Director
Period of report
Jul 26, 2018
Accepted (ET)
Jul 27, 2018 · 5:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001677203
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 26, 2018 | D | 1,568 | $20.75 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitF3,F2 | $0.00 | Jul 26, 2018 | D | 19,932 | D | — | — | Common Stock | 19,932 | 0 | D |
Explanation of responses
- F1Upon the July 26, 2018 closing of the merger (the "Merger") of Quality Care Properties, Inc. ("QCP") with and into Welltower Inc. ("Welltower") in which Welltower acquired all of the outstanding capital stock of QCP, each outstanding share of QCP common stock was converted into the right to receive $20.75 in cash (without interest).
- F2Each deferred stock unit represents the right to receive, at settlement, one share of common stock of QCP.
- F3Upon the closing of the Merger, each outstanding QCP deferred stock unit award fully vested and was converted into the right to receive $20.75 in respect of each share underlying the deferred stock unit award.