SEC Form 4 · accession 0001493152-18-006393
GLOBAL HEALTHCARE REIT, INC. · GBCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zvi Michael Rhine
Officer — President and CFO · Director
Period of report
May 4, 2018
Accepted (ET)
May 8, 2018 · 1:26 pm 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 | May 4, 2018 | A | 150,000 | $0.00 | A | 1,368,000 | D | |
| Common Stock | holding | — | — | — | 1,218,832 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options | $0.36 | May 4, 2018 | A | 150,000 | A | Apr 1, 2018 | Apr 1, 2023 | Common Stock | 150,000 | 150,000 | D |
| Options | $0.36 | May 4, 2018 | A | 150,000 | A | Apr 1, 2019 | Apr 1, 2023 | Common Stock | 150,000 | 150,000 | D |
| Options | $0.36 | May 4, 2018 | A | 150,000 | A | Oct 1, 2019 | Apr 1, 2023 | Common Stock | 150,000 | 150,000 | D |
| Options | $0.36 | May 4, 2018 | A | 150,000 | A | Apr 1, 2020 | Apr 1, 2023 | Common Stock | 150,000 | 150,000 | D |
| Warrants | $0.75 | holding | — | — | — | Jan 13, 2017 | Dec 13, 2018 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Restricted Stock Award subject to vesting 50% after one year; 50% after two years.