0001127602-21-012975.txt : 20210405
0001127602-21-012975.hdr.sgml : 20210405
20210405135441
ACCESSION NUMBER: 0001127602-21-012975
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210331
FILED AS OF DATE: 20210405
DATE AS OF CHANGE: 20210405
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: INSOFT STEVEN J
CENTRAL INDEX KEY: 0001195680
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11316
FILM NUMBER: 21804752
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
2021-03-31
0000888491
OMEGA HEALTHCARE INVESTORS INC
OHI
0001195680
INSOFT STEVEN J
303 INTERNATIONAL CIRCLE
SUITE 200
HUNT VALLEY
MD
21030
1
Chief Corp Development Officer
Common Stock
2021-03-31
4
M
0
12919
36.63
A
215311
D
Common Stock
2021-03-31
4
F
0
5723
36.63
D
209588
D
Restricted Stock Units
2021-03-31
4
M
0
12919
0
D
Common Stock
12919
38755
D
Profit Interest Units
2021-03-31
4
M
0
29372
0
D
OP Units
29372
142431
D
OP Units
2021-03-31
4
M
0
29372
0
A
Common Stock
29372
213488
D
Represents the vesting into common stock, on a one-for-one basis, of 25% of the performance based Restricted Stock Units (RSUs) that were earned for the 2018-2020 performance period, that was previously reported, and are subject to quarterly vesting in 2021. These have been reported as Restricted Stock Units since satisfaction of the performance condition.
Represents shares withheld from the common stock issued in respect of vested awards as payment of the associated income tax withholding liability.
Represents 25% of the Restricted Stock Units earned based on performance for the 2018-2020 performance period that will vest at the end of each calendar quarter of 2021, subject to continued employment and accelerated vesting in certain event and converted to common stock on a one-for-one basis.
Represents Profits Interest Units ("PIUs") in OHI Healthcare Properties Limited Partnership (the "Operating Partnership"), of which the Issuer is the general partner. Each PIU 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. OP Units do not expire.
Represents 25% of the Profits Units earned based on the 2018-2020 performance period vest at the end of each quarter of 2021, subject to continued employment and accelerated vesting upon 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
2021-04-05