0001127602-19-023718.txt : 20190702
0001127602-19-023718.hdr.sgml : 20190702
20190702172342
ACCESSION NUMBER: 0001127602-19-023718
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190701
FILED AS OF DATE: 20190702
DATE AS OF CHANGE: 20190702
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PICKETT C TAYLOR
CENTRAL INDEX KEY: 0001143567
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11316
FILM NUMBER: 19939022
MAIL ADDRESS:
STREET 1: C/O OMEGA HEALTHCARE INVESTORS
STREET 2: 900 VICTORS WAY #350
CITY: ANN ARBOR
STATE: MI
ZIP: 48108
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: OMEGA HEALTHCARE INVESTORS INC
CENTRAL INDEX KEY: 0000888491
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 383041398
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 200 INTERNATIONAL CIRCLE
STREET 2: SUITE 3500
CITY: HUNT VALLEY
STATE: MD
ZIP: 21030
BUSINESS PHONE: 410-427-1700
MAIL ADDRESS:
STREET 1: 200 INTERNATIONAL CIRCLE
STREET 2: SUITE 3500
CITY: HUNT VALLEY
STATE: MD
ZIP: 21030
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2019-07-01
0000888491
OMEGA HEALTHCARE INVESTORS INC
OHI
0001143567
PICKETT C TAYLOR
303 INTERNATIONAL CIRCLE
SUITE 200
HUNT VALLEY
MD
21030
1
1
Chief Executive Officer
Def. Res. Stock Units
2019-07-01
4
M
0
19874
0
D
Common Stock
19874
39748
D
Deferred Stock Units
2019-07-01
4
M
0
19874
0
A
Common Stock
19874
338978
D
Profit Interest Units
2019-07-01
4
M
0
19337
0
D
OP Units
19337
78348
D
OP Units
2019-07-01
4
M
0
19337
0
A
Common Stock
19337
38674
D
Represents Deferred Restricted Stock Units which the reporting person elected to receive in lieu of Restricted Stock Units upon earning of Performance Restricted Stock Units. Each Deferred Restricted Stock Unit represents a right to receive one share of common stock.
25% of the Deferred Restricted Stock Units earned based on performance for the 2016-2018 performance period vest at the end of each quarter of 2019, subject to continued employment and accelerated vesting upon certain events.
Represents Deferred Stock Units which the reporting person elected to receive upon the vesting of Deferred Restricted Stock Units. Each Deferred Stock Unit represents a right to receive one share of common stock when vested. If the participant previously elected, dividends will also be converted into Deferred Stock Units.
The Deferred Stock Units become payable in February 2023
Represents Profits Interest Units ("Profits Units") in OHI Healthcare Properties Limited Partnership (the "Operating Partnership"), of which the Issuer is the general partner. Each Profits Unit represents a contingent right to receive one unit of limited partnership interest (an "OP Unit") in the Operating Partnership upon vesting and the satisfaction of certain tax-driven economic requirements. Each OP Unit is redeemable at the election of the holder for cash equal to the then fair market value of one share of Issuer common stock, or at the Issuer's election, one share of Issuer common stock, subject to adjustment as set forth in the partnership agreement.
25% of the units earned based on performance for the 2016-2018 performance period vest at the end of each calendar quarter of 2019, subject to continued employment and accelerated vesting in certain events.
Each OP Unit is redeemable at the election of the holder for cash equal to the then fair market value of one share of Issuer common stock, or at the Issuer's election, one share of Issuer common stock, subject to adjustment as set forth in the partnership agreement. the OP Units have no expiration date.
/s/ Thomas H. Peterson, Attorney-in-Fact
2019-07-02