SEC Form 4 · accession 0001127602-15-000392
OMEGA HEALTHCARE INVESTORS INC · OHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Taylor Pickett
Officer — Chief Executive Officer · Director
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 1:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000888491
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Res. Stk. UnitsF1,F2 | — | Dec 31, 2014 | M | 39,202 | D | — | — | Common Stock | 39,202 | 0 | D |
| Deferred Stock UnitsF3,F4 | — | Dec 31, 2014 | M | 39,202 | A | — | — | Common Stock | 39,202 | 209,081 | D |
| Restricted Stock UnitsF5,F6 | — | Dec 31, 2014 | M | 30,050 | D | — | — | Common Stock | 30,050 | 111,613 | D |
| Deferred Stock UnitsF7,F8 | — | Dec 31, 2014 | M | 30,050 | A | — | — | Common Stock | 30,050 | 239,131 | D |
Explanation of responses
- F1Represents performance restricted stock units (PRSUs) that vested on 12/31/2014 for the 2011-2013 performance cycle.
- F2These units vest in four equal installments at the end of each calendar quarter in 2014 subject to continued employment.
- F3Represents Deferred Stock Units issued upon vesting of Performance Restricted Stock Units (PRSUs) which the reporting person previously elected to receive in lieu of common stock upon the vesting of both absolute and relative Total Shareholder Return for the 2011-2013 performance cycle. Each Deferred Stock Unit represents a right to receive one share of common stock. If the participant previously elected, dividends will also be converted into Deferred Stock Units.
- F4The deferred stock units become payable in January 2017.
- F5On 12/31/2013, the reporting person was granted restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
- F6These units vest in four equal installments at the end of each calendar quarter in 2014 subject to continued employment.
- F7Represents deferred stock units issued upon the vesting of one third of the time based transition restricted stock units for the 2014-2016 service period, which the reporting person previously elected to receive in lieu of common stock.
- F8The deferred stock units become payable in January 2022.