LTC Properties Files 2024 Proxy Statement
Ticker: LTC · Form: DEF 14A · Filed: 2024-04-16T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, executive-compensation, financials
TL;DR
LTC Properties DEF 14A out: Proxy details exec pay, 2023 financials, and equity awards. Vote wisely.
AI Summary
LTC Properties Inc. filed its DEF 14A on April 16, 2024, detailing executive compensation and financial performance for the fiscal year ending December 31, 2023. The filing includes information on equity awards granted to its PEO and Non-PEO NEO members, as well as adjustments to the fair value of outstanding awards. Specific financial metrics like Diluted FAD, Excluding Non-recurring Items, per Share are presented for 2023 and prior years.
Why It Matters
This filing provides shareholders with crucial information regarding executive compensation and the company's financial health, enabling informed voting decisions on corporate matters.
Risk Assessment
Risk Level: medium — DEF 14A filings are routine disclosures, but they can reveal information about executive compensation, potential shareholder proposals, or governance issues that might impact stock price.
Key Numbers
- 2023 — Fiscal Year End (Financial reporting period)
- 2022 — Prior Fiscal Year (Comparative financial data)
- 2021 — Prior Fiscal Year (Comparative financial data)
- 2020 — Prior Fiscal Year (Comparative financial data)
Key Players & Entities
- LTC PROPERTIES INC (company) — Filer
- 0001558370-24-005193 (filing_id) — Accession Number
- 20240416 (date) — Filing Date
- 20240522 (date) — Period of Report
- 3011 TOWNSGATE ROAD SUITE 220 WESTLAKE VILLAGE, CA 91361 (address) — Company Business Address
FAQ
What is the reported Diluted FAD, Excluding Non-recurring Items, per Share for the fiscal year ending December 31, 2023?
The filing provides data points for Diluted FAD, Excluding Non-recurring Items, per Share for the fiscal year 2023, but the specific dollar amount is not explicitly stated in the provided text snippet.
Who are the PEO and Non-PEO NEO members mentioned in the compensation tables?
The filing refers to 'ecd:PeoMember' and 'ecd:NonPeoNeoMember' in the context of equity awards, indicating the Principal Executive Officer and Non-Principal Executive Officer Named Executive Officers, respectively.
What is the purpose of the 'EquityAwardsAdjustments' data?
The 'EquityAwardsAdjustments' data, specifically 'YearEndFairValueOfAwardsGrantedInCurrentYearMember' and 'ChangeInFairValueAsOfYearEndOfOutstandingAndUnvestedAwardsGrantedInPriorYearsMember', relates to the valuation and changes in fair value of equity awards granted to executives.
When was LTC Properties Inc. incorporated?
The filing indicates the state of incorporation is Maryland (MD).
What is the SIC code for LTC Properties Inc.?
The Standard Industrial Classification (SIC) code for LTC Properties Inc. is 6798, which corresponds to Real Estate Investment Trusts.
From the Filing
0001558370-24-005193.txt : 20240416 0001558370-24-005193.hdr.sgml : 20240416 20240416163037 ACCESSION NUMBER: 0001558370-24-005193 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 52 CONFORMED PERIOD OF REPORT: 20240522 FILED AS OF DATE: 20240416 DATE AS OF CHANGE: 20240416 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LTC PROPERTIES INC CENTRAL INDEX KEY: 0000887905 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 710720518 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-11314 FILM NUMBER: 24848189 BUSINESS ADDRESS: STREET 1: 3011 TOWNSGATE ROAD STREET 2: SUITE 220 CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91361 BUSINESS PHONE: 805-981-8655 MAIL ADDRESS: STREET 1: 3011 TOWNSGATE ROAD STREET 2: SUITE 220 CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91361 DEF 14A 1 ltc-20240522xdef14a.htm DEF 14A Diluted FAD, Excluding Non-recurring Items, per Share DEF 14A 0000887905 false 0000887905 5 2023-01-01 2023-12-31 0000887905 4 2023-01-01 2023-12-31 0000887905 3 2023-01-01 2023-12-31 0000887905 2 2023-01-01 2023-12-31 0000887905 1 2023-01-01 2023-12-31 0000887905 2022-01-01 2022-12-31 0000887905 2021-01-01 2021-12-31 0000887905 2020-01-01 2020-12-31 0000887905 ltc:EquityAwardsValueInCompensationTableForApplicableYearMember ecd:PeoMember 2023-01-01 2023-12-31 0000887905 ltc:EquityAwardsValueInCompensationTableForApplicableYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000887905 ltc:EquityAwardsAdjustmentsYearEndFairValueOfAwardsGrantedInCurrentYearMember ecd:PeoMember 2023-01-01 2023-12-31 0000887905 ltc:EquityAwardsAdjustmentsYearEndFairValueOfAwardsGrantedInCurrentYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000887905 ltc:EquityAwardsAdjustmentsChangeInFairValueAsOfYearEndOfOutstandingAndUnvestedAwardsGrantedInPriorYearsMember ecd:PeoMember 2023-01-01 2023-12-31 0000887905 ltc:EquityAwardsAdjustmentsChangeInFairValueAsOfYearEndOfOutstandingAndUnvestedAwardsGrantedInPriorYearsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000887905 ltc:EquityAwardsAdjustmentsChangeInFairValueAsOfVestingDateOfPriorYearAwardsVestedDuringCurrentYearMember ecd:PeoMember 2023-01-01 2023-12-31 0000887905 ltc:EquityAwardsAdjustmentsChangeInFairValueAsOfVestingDateOfPriorYearAwardsVestedDuringCurrentYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000887905 ltc:EquityAwardsValueInCompensationTableForApplicableYearMember ecd:PeoMember 2022-01-01 2022-12-31 0000887905 ltc:EquityAwardsValueInCompensationTableForApplicableYearMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000887905 ltc:EquityAwardsAdjustmentsYearEndFairValueOfAwardsGrantedInCurrentYearMember ecd:PeoMember 2022-01-01 2022-12-31 0000887905 ltc:EquityAwardsAdjustmentsYearEndFairValueOfAwardsGrantedInCurrentYearMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000887905 ltc:EquityAwardsAdjustmentsChangeInFairValueAsOfYearEndOfOutstandingAndUnvestedAwardsGrantedInPriorYearsMember ecd:PeoMember 2022-01-01 2022-12-31 0000887905 ltc:EquityAwardsAdjustmentsChangeInFairValueAsOfYearEndOfOutstandingAndUnvestedAwardsGrantedInPriorYearsMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000887905 ltc:EquityAwardsAdjustmentsChangeInFairValueAsOfVestingDateOfPriorYearAwardsVestedDuringCurrentYearMember ecd:PeoMember 2022-01-01 2022-12-31 0000887905 ltc:EquityAwardsAdjustmentsChangeInFairValueAsOfVestingDateOfPriorYearAwardsVestedDuringCurrentYearMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000887905 ltc:EquityAwardsValueInCompensationTableForApplicableYearMember ecd:PeoMember 2021-01-01 2021-12-31 0000887905 ltc:EquityAwardsValueInCompensationTableForApplicableYearMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000887905 ltc:EquityAwardsAdjustmentsYearEndFairValueOfAwardsGrantedInCurrentYearMember ecd:PeoMember 2021-01-01 2021-12-31 0000887905 ltc:EquityAwardsAdjustmentsYearEndFairValueOfAwardsGrantedInCurrentYearMember ecd:No