SEC Form 4 · accession 0001127602-17-001460
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
Jan 6, 2017
Accepted (ET)
Jan 10, 2017 · 6:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000888491
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 6, 2017 | M | 51,514 | $31.26 | A | 327,775 | D | |
| Common StockF2 | Jan 6, 2017 | F | 22,270 | $31.26 | D | 305,505 | D | |
| Common Stock | holding | — | — | — | 8,200 | I | Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Jan 6, 2017 | M | 30,049 | D | — | — | Common Stock | 30,049 | 134,273 | D |
| Deferred Stock UnitsF5,F6 | — | Jan 6, 2017 | M | 30,049 | A | — | — | Common Stock | 30,049 | 299,230 | D |
| Restricted Stock UnitsF7 | — | Jan 6, 2017 | M | 51,514 | D | — | — | Common Stock | 51,514 | 82,759 | D |
Explanation of responses
- F1Represents the vesting of Restricted Stock Units subject to three-year cliff vesting on December 31, 2016 granted on 1/1/2014.
- F2Represents a portion of restricted stock that vested on December 31, 2016 and was delivered by the reporting person as payment of income tax liability in connection with such vesting.
- F3On 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.
- F4Subject to three-year ratable time-based (1/3 per year) on 12/31/2014, 2015 and 2016, subject to continued employment on the vesting date.
- F5Represents Deferred Stock Units which the reporting person elected to receive in lieu of common stock upon the vesting of Restricted Stock Units. 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.
- F6The deferred stock units become payable in January 2022.
- F7Restricted Stock Units granted 1/1/2014 subject to three-year cliff vesting on December 31, 2016. Vesting subject to continued employment on the vesting date.