1 unchanged sentence
Recent Sales of Unregistered Securities
−Removed: On April 1, 2022, we granted an aggregate of 76,800 time-based restricted stock units to one of our executive officers and certain of our key employees pursuant to our 2015 Incentive Plan, representing the right to receive shares of our Class T common stock upon vesting.
−Removed: Such restricted stock units were issued in transactions exempt from registration pursuant to Section 4(a)(2) of the Securities Act and vest in three equal annual installments beginning on the first anniversary following the date of grant and ending on the third anniversary of the date of grant.
−Removed: On June 15, 2022, we granted an aggregate of 54,900 shares of our restricted Class T common stock to our independent directors pursuant to our 2015 Incentive Plan as compensation for services in connection with their re-election as independent directors to our board at our annual meeting of stockholders.
+Added: On August 8, 2022, we granted 12,614 shares of our restricted Class T common stock, or the RSAs, and 4,205 performance-based restricted stock units, or PSUs, to one of our executive officers pursuant to our 2015 Incentive Plan.
+Added: Such RSAs and PSUs were issued in transactions exempt from registration pursuant to Section 4(a)(2) of the Securities Act.
+Added: The RSAs vest in three equal annual installments beginning on January 1, 2023 and ending on January 1, 2025 (subject to continuous employment through each vesting date) and the PSUs will cliff vest in the first quarter of 2025 (subject to continuous employment through that vesting date), with the amount of vesting depending on meeting certain key performance criteria as further described in the 2015 Incentive Plan.
+Added: On August 30, 2022, we granted 7,244 shares of our restricted Class T common stock to one of our independent directors pursuant to our 2015 Incentive Plan in connection with his appointment to our board.
Such shares of restricted stock were issued in transactions exempt from registration pursuant to Section 4(a)(2) of the Securities Act and vest on June 15, 2023.
Purchase of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: Our share repurchase plan allows for repurchases of shares of our common stock by us when certain criteria are met.
−Removed: Share repurchases will be made at the sole discretion of our board.
−Removed: Funds for the repurchase of shares of our common stock will come exclusively from the cumulative proceeds we receive from the sale of shares of our common stock pursuant to the AHR DRIP.
+Added: Our share repurchase plan allowed for repurchases of shares of our common stock by us when certain criteria were met.
+Added: Share repurchases were made at the sole discretion of our board.
+Added: Funds for the repurchase of shares of our common stock originated exclusively from the cumulative proceeds we received from the sale of shares of our common stock pursuant to our DRIP Offerings.
On October 4, 2021, our board approved our amended and restated share repurchase plan that included a change in the repurchase price with respect to repurchases resulting from the death or qualifying disability (as such term is defined in our share repurchase plan) of stockholders, to the most recently published estimated per share NAV.
1 unchanged sentence
All share repurchase requests other than those requests resulting from the death or qualifying disability of stockholders were and shall be rejected.
−Removed: During the three months ended June 30, 2022, we repurchased shares of our common stock as follows:
+Added: On November 14, 2022, our board suspended our share repurchase plan with respect to all repurchase requests, including repurchases resulting from the death or qualifying disability of stockholders, beginning with share repurchases for the quarter
+Added: ending December 31, 2022.
+Added: See Note 22, Subsequent Events, to our accompanying condensed consolidated financial statements.
+Added: During the three months ended September 30, 2022, we repurchased shares of our common stock as follows:
Total Number of
9 unchanged sentences
Plans or Programs
−Removed: April 1, 2022 to April 30, 2022 699,460 $ 9.22 699,460 (1)
−Removed: May 1, 2022 to May 31, 2022 — $ — — (1)
−Removed: June 1, 2022 to June 30, 2022 — $ — — (1)
+Added: July 1, 2022 to July 31, 2022 608,138 $ 9.29 608,138 (1)
+Added: August 1, 2022 to August 31, 2022 — $ — — (1)
+Added: September 1, 2022 to September 30, 2022 — $ — — (1)
Total 608,138 $ 9.29 608,138
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.