SEC Form 4 · accession 0001209191-17-017731
WELLTOWER INC. · WELL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott A Estes
Officer — EVP and CFO
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 5:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000766704
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 1, 2017 | M | 3,192 | $37.00 | A | 122,511 | D | |
| Common Stock | Mar 1, 2017 | M | 23,776 | $43.29 | A | 146,287 | D | |
| Common StockF1 | Mar 1, 2017 | S | 26,968 | $69.572 | D | 119,319 | D | |
| Common StockF2 | Mar 1, 2017 | G | 1,712 | $0.00 | D | 117,607 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right to Buy)F4,F3 | $37.00 | Mar 1, 2017 | M | 3,192 | D | Jan 15, 2014 | Jan 29, 2019 | Common | 3,192 | 0 | D |
| Options (Right to Buy)F4,F5 | $43.29 | Mar 1, 2017 | M | 23,776 | D | Jan 15, 2011 | Jan 28, 2020 | Common | 23,776 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $69.53 to $69.695. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2The securities were gifted and had no disposition or acquisition price.
- F3Options for the purchase of 33,813 shares of common stock at $37.00 per share were granted to Mr. Estes on January 29, 2009, which grant has previously been reported. The partial exercise of these options for the purchase of 30,621 shares has previously been reported. Of the remaining options, options for the purchase of 3,192 shares vested on January 15, 2014.
- F4The options were granted under the Welltower Inc. 2005 Long-Term Incentive Plan and had no acquisition price.
- F5Options for the purchase of 23,776 shares of common stock at $43.29 per share were granted to Mr. Estes on January 28, 2010, which grant has previously been reported. Options for the purchase of 4,756 shares vested on January 15, 2011 and options for the purchase of 4,755 vested on January 15 of each of 2012, 2013, 2014 and 2015.