SEC Form 4 · accession 0001493152-17-004262
GLOBAL HEALTHCARE REIT, INC. · GBCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zvi Michael Rhine
Officer — Chief Financial Officer · Director
Period of report
Apr 21, 2017
Accepted (ET)
Apr 21, 2017 · 6:15 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000727346
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 21, 2017 | A | 86,364 | $0.00 | A | 842,480 | D | |
| Common StockF2 | Apr 21, 2017 | A | 29,269 | $0.00 | A | 871,749 | D | |
| Common Stock | holding | — | — | — | 756,116 | D | ||
| Common Stock | holding | — | — | — | 555,000 | I | Sabra Investments, LP, of which Reporting Person is a control person. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants | $0.75 | holding | — | — | — | Jan 13, 2017 | Jan 13, 2018 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Shares acquired in exchange for services as CFO performed during 1st Qtr. 2017 valued at $0.44 per share.
- F2Shares awarded for extraordinary services relative to property acquisition valued at $0.44 per share.