MPW grants 2.5M performance-based restricted shares to all employees except CEO/CFO; hurdles $7-$10

MEDICAL PROPERTIES TRUST INC

Aggregate target of 2,500,000 shares granted on Dec 8, 2023 to all employees except CEO and CFO.
Shares earned if stock price reaches $7.00 (100% of target), $8.50 (200%), or $10.00 (300%) over 4 years.
No dividends paid until performance vesting achieved; then retroactive dividends issued.
Upon change of control, shares vest at maximum 300% immediately before transaction.
Awards intended to retain employees and restore shareholder value.

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