0000877860-18-000002.txt : 20180116 0000877860-18-000002.hdr.sgml : 20180116 20180116161449 ACCESSION NUMBER: 0000877860-18-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180116 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20180116 DATE AS OF CHANGE: 20180116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL HEALTH INVESTORS INC CENTRAL INDEX KEY: 0000877860 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 621470956 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10822 FILM NUMBER: 18528749 BUSINESS ADDRESS: STREET 1: 222 ROBERT ROSE DRIVE CITY: MURFREESBORO STATE: TN ZIP: 37129 BUSINESS PHONE: 6158909100 MAIL ADDRESS: STREET 1: 222 ROBERT ROSE DRIVE CITY: MURFREESBORO STATE: TN ZIP: 37129 8-K 1 a8k11618comp.htm 8-K ITEM 5.02 COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS Document


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):
January 16, 2018 (January 15, 2018)

NATIONAL HEALTH INVESTORS, INC.
(Exact name of registrant as specified in its charter)

Maryland
(State or other jurisdiction
of incorporation)
 
001-10822
(Commission
File Number)
 
62-1470956
(IRS Employer
Identification No.)

222 Robert Rose Drive, Murfreesboro, TN 37129
(Address of principal executive offices)

(615) 890-9100
(Registrant's telephone number, including area code)

Not Applicable
(Former name, former address and former fiscal year,
if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)






Item 5.02. Departure of Directors or Certain Officers: Election of Directors: Appointment of Certain Officers: Compensatory Arrangements of Certain Officers.‬‬‬

(e)     Compensatory Arrangements of Certain Officers

Incentive bonuses

On January 15, 2018, the Compensation Committee approved the payment of incentive bonuses for 2017 results.

Named Executive Officer
 
 
 
2017 Bonus
Eric Mendelsohn
 
 
 
$800,000
Roger Hopkins
 
 
 
$350,000
Kristin S. Gaines
 
 
 
$400,000
Kevin Pascoe
 
 
 
$500,000
John Spaid
 
 
 
$280,000

Equity Grant

On January 15, 2018, the Compensation Committee approved the following stock option grants for its named executive officers:

Named Executive Officer
 
 
 
Option Grant
Eric Mendelsohn
 
 
 
125,000
Roger Hopkins
 
 
 
50,000
Kristin S. Gaines
 
 
 
50,000
Kevin Pascoe
 
 
 
50,000
John Spaid
 
 
 
42,500

The exercise price for each of the options will be the closing price of NHI’s common stock on February 20, 2018. All of the options granted will vest 1/3 on the date of grant and 1/3 on each of the first and second anniversary of the date of grant.

2018 Base Salaries

On January 15, 2018, the Compensation Committee approved 2018 base salaries for the named executive officers.

Named Executive Officer
 
 
 
2018 Base Salary
Eric Mendelsohn
 
 
 
$350,000
Roger Hopkins
 
 
 
$303,000
Kristin S. Gaines
 
 
 
$175,000
Kevin Pascoe
 
 
 
$205,000
John Spaid
 
 
 
$168,096

 






SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 
NATIONAL HEALTH INVESTORS, INC.
 
 
 
 
By:
/s/Roger R. Hopkins
 
Name:
Roger R. Hopkins
 
Title:
Principal Accounting Officer    
 
 
 

Date:    January 16, 2018