Company: GMRE
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001104659-25-029872
Chunk: 59

Company: Global Medical REIT Inc.
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 59
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: 50% on February 26, 2025 (the settlement     
 date) and 50% on February 26, 2026 (the first anniversary of the settlement date). As           
 of December 31, 2024, (i) each of the total stockholder return components of the                
 2024, 2023 and 2022 long-term performance-based incentive plans were performing at levels       
 below their minimum threshold levels, so the threshold amounts are shown for these plans        
 in the table above, (ii) the relative stockholder return components of the 2024, 2023           
 and 2022 long-term performance-based incentive plans were performing 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 Ms. Holley’s continuous service through the applicable vesting date.                 |

| (10) | Consists                                                                                     
 of: (i) 5,125 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) 20,725 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