Global Medical REIT Inc. 4
4 · Global Medical REIT Inc. · Filed Dec 23, 2016
Insider Transaction Report
Form 4
Webb Allen
SVP
Transactions
- Award
LTIP Unit
2016-12-21+5,430→ 25,430 total→ Common Stock (5,430 underlying)
Footnotes (3)
- [F1]Represents units of limited partnership interest ("LTIP Units") in Global Medical REIT L.P. (the "OP"), the operating partnership of the Issuer.
- [F2]As described in the OP's partnership agreement, vested LTIP Units may be exchanged at any time after vesting for cash or, at the election of the Issuer, for shares of Common Stock on a one-for-one basis. LTIP Units have no expiration date.
- [F3]LTIP Units vest in equal one-third installments on December 21 of 2017, 2018 and 2019.