January 10, 2024 · Form 4 insider transaction
STEPHENSON ROBERT O bought 81,144 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 2 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 (1) 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.; The PIUs have been earned, but not yet vested, based on Relative Total Shareholder Return for the 2021-2023 performance period, as certified by the Compensation Committee on January 10, 2024.; 25% of the PIUs earned based on the 2021-2023 performance period will vest at the end of each quarter of 2024, subject to continued employment and accelerated vesting upon certain events.