Company: GMRE
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001104659-25-029872
Chunk: 60

Company: Global Medical REIT Inc.
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 60
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 December 31, 2024; all of          
 these units vested on February 24, 2025.                                                     |

| (11) | Consists                                                                                        
 of 9,617 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 Mr. Barber had contingently earned 7,826 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: 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 Mr. Barber’s continuous service through the applicable vesting date.                 |

48 2024 OPTION EXERCISES AND STOCK VESTED TABLE The following table presents information concerning the vesting of LTIP Units for NEOs that occurred during 2024. None of the NEOs held stock options in 2024.

| Name           |     |                   Stock 
                  Awards 
                  Number 
 of Shares Acquired Upon 
              Vesting(#) |    |     | Value Realized on Vesting($) |         |
|:---------------|:----|------------------------:|---:|:----|:-----------------------------|--------:|
| Jeffrey Bus