EPR Properties (EPR) director grants and RSU exercise update disclosed
Rhea-AI Filing Summary
EPR Properties director John Peter Suarez reported equity compensation activity and updated holdings. He exercised 1,510 Restricted Share Units into 1,510 Common Shares of Beneficial Interest held directly. He also received two new awards of 1,965 and 2,358 Restricted Share Units under the company’s 2016 Equity Incentive Plan, issued as part of the annual trustee compensation and in lieu of the annual trustee retainer fee.
Following these transactions, Suarez holds 1,510 common shares directly and 1,564 common shares indirectly through The Suarez Family Trust Dated February 13, 2015. He now has 7,343 Restricted Share Units outstanding, each representing a contingent right to receive one common share. The Restricted Share Units generally vest on the earlier of June 1, 2027, or a Change of Control as defined in the plan, with settlement instructions provided by Suarez in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 1,510 | $0.00 | -- |
| Grant/Award | Restricted Share Units | 2,358 | $0.00 | -- |
| Grant/Award | Restricted Share Units | 1,965 | $0.00 | -- |
| Exercise | Common Shares of Beneficial Interest | 1,510 | $0.00 | -- |
| holding | Common Shares of Beneficial Interest | -- | -- | -- |
Footnotes (1)
- Each Restricted Share Unit represents a contingent right to receive one share of the Company's Common Shares of Beneficial Interest. Restricted Share Units were issued to the reporting person pursuant to the Company's 2016 Equity Incentive Plan as a part of the Company's annual trustee compensation program. Each Restricted Share Unit represents a contingent right to receive one share of the Company's Common Shares of Beneficial Interest. Subject to certain exceptions, the vesting date for the Restricted Share Units is the earlier of (a) June 1, 2027, or (b) a Change of Control (as defined in the 2016 Equity Incentive Plan). Settlement and delivery of the Company's Common Shares of Beneficial Interest subject to vested Restricted Share Units are made pursuant to instructions provided to the Company by the reporting person prior to the date of grant. Restricted Share Units were issued to Reporting Person in lieu of the Reporting Persons Annual Trustee Retainer fee. Each Restricted Share Unit represents a contingent right to receive one share of Companys Common Shares of Beneficial Interest.