June 7, 2024 · Form 4 insider transaction
PLAVIN STEPHEN D bought 4,641 shares of Omega Healthcare Investors, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
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.; 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's common stock, subject to adjustment as set forth in the partnership agreement. OP Units do not expire.; Represents the annual grant of stock the reporting person election to receive as Profits Interest Units.; 100% of the reporting person's PIUs granted on June 7, 2024 will vest on the date of the Company's 2025 Annual Meeting of Shareholders, subject to continued service.; Includes 3,969 vested Profits Interest Units which can be converted to OP units if certain tax-related conditions are met.