NATIONAL HEALTH INVESTORS, INC. Item 5.02. Departure of Directors or Certain Officers: Election of Directors: Appointment of Certain Officers: Compensatory Arrangements of Certain Officers.
e. Compensatory Arrangements of Certain Officers
Incentive bonuses
On
Named Executive Officer 2020 BonusEric Mendelsohn $700,000 John Spaid $275,000 Kristin S. Gaines $330,000 Kevin Pascoe $375,000 David Travis $100,000 Equity Grant OnJanuary 21, 2021 , the Compensation Committee approved the following stock option grants for its named executive officers: Named Executive Officer OptionGrant Eric Mendelsohn 125,000John Spaid 55,000Kristi Gaines 55,000Kevin Pascoe 55,000David Travis 35,000
The exercise price for each of the options will be the closing price of NHI's common stock on the third business day following the release of the Company's 2020 financial results. All of the options granted will vest 1/3 on the date of grant and 1/3 on each of the first and second anniversary of the date of grant.
2021 Base Salaries
OnJanuary 21, 2021 , the Compensation Committee approved 2021 base salaries for the named executive officers. Named Executive Officer 2021 Base SalaryEric Mendelsohn $397,838 John Spaid $300,000 Kristin S. Gaines $191,227 Kevin Pascoe $224,008 David Travis $206,000
--------------------------------------------------------------------------------
© Edgar Online, source
