Form 4 for SBRA Sabra Health Care REIT, Inc.

Accepted 2023-01-31 00:00:00 ET · period of report 2023-01-28 · accession 0001862128-23-000011 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2023-01-31	2023-01-28	SBRA	Costa Michael Lourenco	CFO, Executive VP, Sec	A - Grant	$0.00	+4,437	167.1K	+3%	$0
	2023-01-31	2023-01-28	SBRA	Costa Michael Lourenco	CFO, Executive VP, Sec	F - Tax	$13.46	-1,532	165.5K	-0.9%	-$20.6K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-01-28	A	A	4,437	$0.00	167,076	D	—	—	(F1) Represents the vesting of stock units granted under the Issuer's 2009 Performance Incentive Plan subject to a relative total stockholder return-based stock unit ("TSR units") award granted on December 24, 2019, including 963 shares with respect to dividend equivalent payments calculated based on the market value of the Issuer's Common Stock on the applicable dividend date. The Compensation Committee determined on January 28, 2023 that the number of TSR units earned was 71.61% of the target, based on the percentile ranking of the Issuer's total stockholder return among the total stockholder returns for the stocks comprising a group of pre-selected peer companies over the three-year performance period. Upon this determination, the TSR units vested and were settled immediately.
2	Common	Common Stock	2023-01-28	F	D	1,532	$13.46	165,544	D	—	—	(F2) Represents shares withheld by the Issuer in accordance with Rule 16b-3 to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units previously granted to the reporting person. (F3) Includes 77,028 stock units that, upon settlement, will be paid on a one-for-one basis in shares of the Issuer's Common Stock.