0000950170-23-069826.txt : 20231212
0000950170-23-069826.hdr.sgml : 20231212
20231212190554
ACCESSION NUMBER: 0000950170-23-069826
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231208
FILED AS OF DATE: 20231212
DATE AS OF CHANGE: 20231212
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Portal Larry H
CENTRAL INDEX KEY: 0001969950
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32559
FILM NUMBER: 231482524
MAIL ADDRESS:
STREET 1: 1000 URBAN CENTER DRIVE, SUITE 501
CITY: BIRMINGHAM
STATE: AL
ZIP: 35242
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MEDICAL PROPERTIES TRUST INC
CENTRAL INDEX KEY: 0001287865
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 000000000
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1000 URBAN CENTER DRIVE
STREET 2: SUITE 501
CITY: BIRMINGHAM
STATE: AL
ZIP: 35242
BUSINESS PHONE: 205-969-3755
MAIL ADDRESS:
STREET 1: 1000 URBAN CENTER DRIVE
STREET 2: SUITE 501
CITY: BIRMINGHAM
STATE: AL
ZIP: 35242
4
1
ownership.xml
4
X0508
4
2023-12-08
0001287865
MEDICAL PROPERTIES TRUST INC
MPW
0001969950
Portal Larry H
1000 URBAN CENTER DRIVE
SUITE 501
BIRMINGHAM
AL
35242
false
true
false
false
SVP, Senior Advisor to the CEO
false
Common stock, par value $0.001
2023-12-08
4
A
false
200000
0.00
A
423860
D
The shares were granted under the Medical Properties Trust, Inc. Amended and Restated 2019 Equity Incentive Plan and will be earned based on the achievement of specified increases in the price of the Company's common stock during the four-year period following December 8, 2023 (the "Grant Date") as follows: (i) if the Company's share price increases to $7.00, 100% of the shares will be earned; (ii) if the Company's share price increases to $8.50, 200% of the shares will be earned; and (iii) if the Company's share price increases to $10.00, 300% of the shares will be earned. The actual number of shares to be earned will be determined based on the trailing 20-trading day average closing price of the Company's common stock (continued on footnote 2).
Earned shares will become vested in equal quarterly installments over two years following the date the shares are earned, subject to the grantee's continued employment through such date, provided that all unvested earned shares will vest in full on the date that the Compensation Committee makes the final determination regarding achievement of the performance metrics following the end of the four-year performance period.
Matthew W. Stuenkel, by power of attorney
2023-12-12