Company: GMRE
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001104659-25-029872
Chunk: 58

Company: Global Medical REIT Inc.
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 58
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 at levels below the threshold amounts,          
 so the threshold amounts are shown. All awards granted under the 2024, 2023 and 2022 long-term    
 performance-based incentive plans are contingently earned based on the achievement of performance 
 metrics following a three-year performance period. These awards are then subject to additional    
 service-based vesting conditions thereafter, vesting as follows: 50% on the date of settlement    
 and 50% on the first anniversary of the date of settlement, subject to Mr. Leon’s                 
 continuous service through the applicable vesting date.                                           |

| (8) | Consists                                                                                     
 of: (i) 5,743 LTIP Units issued in connection with our 2023 Annual Incentive Plan that       
 had not vested as of December 31, 2024; one half of the originally granted units vested      
 on February 21, 2024 and the remaining unvested units vested on February 21, 2025,           
 (ii) 21,762 time-based-vesting-only LTIP Units issued in connection with our 2024 Long-Term  
 Equity Incentive Plan that had not vested as of December 31, 2024; all of these units        
 will vest in full on February 21, 2027, (iii) 15,996 time-based-vesting-only LTIP            
 Units issued in connection with our 2023 Long-Term Equity Incentive Plan that had not vested 
 as of December 31, 2024; all of these units will vest in full on February 23, 2026,          
 and (iv) 6,191 time-based-vesting-only LTIP Units issued in connection with our 2022         
 Long-Term Equity Incentive Plan that had not vested as of December 31, 2024; all of          
 these units vested on February 24, 2025.                                                     |

| (9) | Consists                                                                                        
 of 10,777 unearned LTIP Units as of December 31, 2024 pursuant to the 2024 Annual Incentive     
 Plan at the target level amount. In February 2025, the Compensation Committee and the           
 Board determined that Ms. Holley had contingently earned 8,770 LTIP Units pursuant to           
 the terms of the 2024 Annual Incentive Plan. The LTIP Units contingently earned pursuant        
 to the 2024 Annual Incentive Plan vest as follows