0001127602-21-001124.txt : 20210106
0001127602-21-001124.hdr.sgml : 20210106
20210106174609
ACCESSION NUMBER: 0001127602-21-001124
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210104
FILED AS OF DATE: 20210106
DATE AS OF CHANGE: 20210106
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: 21511983
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: 303 INTERNATIONAL CIRCLE,
STREET 2: SUITE 200
CITY: HUNT VALLEY
STATE: MD
ZIP: 21030
BUSINESS PHONE: 410-427-1700
MAIL ADDRESS:
STREET 1: 303 INTERNATIONAL CIRCLE,
STREET 2: SUITE 200
CITY: HUNT VALLEY
STATE: MD
ZIP: 21030
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2021-01-04
0000888491
OMEGA HEALTHCARE INVESTORS INC
OHI
0001143567
PICKETT C TAYLOR
303 INTERNATIONAL CIRCLE
SUITE 200
HUNT VALLEY
MD
21030
1
1
Chief Executive Officer
Common Stock
2021-01-04
4
M
0
45330
36.32
A
50330
D
Common Stock
2021-01-04
4
F
0
17505
36.32
D
32825
D
Common Stock
0
I
Family Trust
Restricted Stock Units
2021-01-04
4
M
0
23375
0
D
Common Stock
23375
45330
D
Deferred Stock Units
2021-01-04
4
M
0
23375
0
A
Common Stock
23375
472228
D
Restricted Stock Units
2021-01-04
4
M
0
45330
0
D
Common Stock
45330
0
D
Profit Interest Units
2021-01-04
4
M
0
33349
0
D
OP Units
33349
78283
D
OP Units
2021-01-04
4
M
0
33349
0
A
Common Stock
33349
210745
D
Represents the vesting of Restricted Stock Units subject to three-year cliff vesting on 12/31/2020 granted on 1/1/2018, subject to continued employment and accelerated vesting in certain events and converted to common stock on a one-for-one basis.
Represents shares withheld from the common stock issued in respect of the vested awards as payment of the associated income tax withholding liability.
Represents RSUs earned for the 2017-2019 performance period. 25% of the units earned based on performance for the 2017-2019 performance period vest at the end of each calendar quarter of 2020, subject to continued employment and accelerated vesting in certain events. These have been reported as Restricted Stock Units since satisfaction of the performance condition and are paid in common stock (or electable as Deferred Stock Units) on a one-for-one basis.
Represents Deferred Stock Units which the reporting person elected to receive in lieu of common stock upon the vesting of Restricted Stock Units. Each Deferred Restricted Stock Unit represents a right to receive one share of common stock.
The deferred stock units have been deferred by the reporting person until February 2024
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 can be converted into one unit of limited partnership interest (an "OP Unit") in the Operating Partnership following vesting and the satisfaction of certain tax-driven economic requirements. Profits Units were granted the reporting person on 1/1/2017, and subsequently earned during the 2017-2019 performance period.
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.
25% of the units earned based on performance for the 2017-2019 performance period vest at the end of each calendar quarter of 2020, subject to continued employment and accelerated vesting in certain events.
/s/ Thomas H. Peterson, Attorney-in-Fact
2021-01-06