Burkart John F. bought WELL

February 18, 2025 · Form 4 insider transaction

Burkart John F. bought 69,342 shares of Welltower Inc., a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 6 days after the transaction.

Direction
Acquired (buy-side)
Shares
69,342
Price
N/A
Total value
N/A
RoleOfficer
SecurityLTIP Units
Transaction codeA: Grant or award
Transaction dateFebruary 18, 2025
Filing dateFebruary 24, 2025
Shares owned after69,342
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

These membership interests in Welltower OP LLC ("Welltower OP") designated as LTIP Units ("LTIP Units") were originally granted without cash consideration to the reporting person on Jarnaury 12, 2022 in the form of performance-based restricted stock units ("PSUs") of Welltower Inc. (the "Issuer"). On January 3, 2023, at the election of the reporting person, the PSUs were converted into LTIP Units. LTIP Units are intended to qualify as profits interests for US federal income tax purposes and, once both (1) vested and (2) possessing a per unit capital account balance equal to a Class A Common Unit of Welltower OP ("OP Unit"), are convertible into OP Units, which OP Units may be exchanged by the reporting person for shares of common stock, par value $1.00 per share ("Common Shares") of the Issuer or the equivalent cash value of Common Shares, as determined by the Issuer.; The reported transaction was a vesting of 69,342 LTIP Units on February 18, 2025, which were automatically converted into the same number of OP Units. No amount was payable in connection with the vesting of the LTIP Units or the conversion of the LTIP Units into OP Units.

View the original Form 4 on SEC EDGAR