0001104659-23-026874.txt : 20230228
0001104659-23-026874.hdr.sgml : 20230228
20230228191812
ACCESSION NUMBER: 0001104659-23-026874
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230228
FILED AS OF DATE: 20230228
DATE AS OF CHANGE: 20230228
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Busch Jeffrey
CENTRAL INDEX KEY: 0001620772
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37815
FILM NUMBER: 23688771
MAIL ADDRESS:
STREET 1: 7373 WISCONSIN AVENUE
STREET 2: SUITE 800
CITY: BETHESDA
STATE: MD
ZIP: 20814
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Global Medical REIT Inc.
CENTRAL INDEX KEY: 0001533615
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 464757266
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2 BETHESDA METRO CENTER
STREET 2: SUITE 440
CITY: BETHESDA
STATE: MD
ZIP: 20814
BUSINESS PHONE: 202-524-6851
MAIL ADDRESS:
STREET 1: 2 BETHESDA METRO CENTER
STREET 2: SUITE 440
CITY: BETHESDA
STATE: MD
ZIP: 20814
FORMER COMPANY:
FORMER CONFORMED NAME: SCOOP MEDIA, INC.
DATE OF NAME CHANGE: 20111027
4
1
tm238076-1_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2023-02-28
0
0001533615
Global Medical REIT Inc.
GMRE
0001620772
Busch Jeffrey
7373 WISCONSIN AVENUE
SUITE 800
BETHESDA
MD
20814
1
1
0
0
Chairman, President and CEO
LTIP Unit (Right to Buy)
2023-02-28
4
A
0
13175
0
A
Common Stock
13175
629842
D
Represents units of limited partnership interest ("LTIP Units") in Global Medical REIT L.P. (the "OP"), the operating partnership of the Issuer. The Issuer's Board of Directors determined that on February 28, 2023, 50% of the LTIP Units will become vested and nonforfeitable as a result of meeting certain market-based performance criteria as of December 31, 2022 and February 28, 2023 and 50% of the LTIP Units will vest on February 28, 2024 pursuant to the grant award agreement stipulations. The LTIP Units were awarded pursuant to an LTIP Unit vesting agreement, the form of which was filed as Exhibit 10.1 to the Issuer's Quarterly Report on Form 10-Q filed on May 6, 2022. The LTIP Units were issued pursuant to the Issuer's 2016 Equity Incentive Plan (as amended from time to time) and have no expiration date.
As described in the OP's partnership agreement, vested LTIP Units that have achieved capital account parity may be exchanged at any time after vesting for cash or, at the election of the Issuer, for shares of Common Stock on a one-for-one basis. LTIP Units have no expiration date.
/s/ Jamie Barber, as Attorney-in-Fact
2023-02-28