Sec Form 4 Filing - SCHIMMEL PHILIP R @ QUALITY CARE PROPERTIES, INC. - 2018-07-26

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SCHIMMEL PHILIP R
2. Issuer Name and Ticker or Trading Symbol
QUALITY CARE PROPERTIES, INC. [ QCP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
7315 WISCONSIN AVENUE, SUITE 550-E
3. Date of Earliest Transaction (MM/DD/YY)
07/26/2018
(Street)
BETHESDA, MD20814
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/26/2018 D( 1 ) 2,337 D $ 20.75 0 D
Common Stock 07/26/2018 D( 1 ) 60 D $ 20.75 0 I Held in trust ( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Stock Unit $ 0 ( 3 ) 07/26/2018 D( 4 ) 10,607 ( 4 ) ( 4 ) Common Stock 10,607 ( 4 ) 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SCHIMMEL PHILIP R
7315 WISCONSIN AVENUE
SUITE 550-E
BETHESDA, MD20814
X
Signatures
/s/ David Haddock (Attorney-In-Fact) 07/27/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Upon the July 26, 2018 closing of the merger (the "Merger") of Quality Care Properties, Inc. ("QCP") with and into Welltower Inc. ("Welltower") in which Welltower acquired all of the outstanding capital stock of QCP, each outstanding share of QCP common stock was converted into the right to receive $20.75 in cash (without interest).
( 2 )Consists of shares of QCP's common stock owned by the Philip Schimmel Trust with Mr. Schimmel as the sole trustee.
( 3 )Each deferred stock unit represents the right to receive, at settlement, one share of common stock of QCP.
( 4 )Upon the closing of the Merger, each outstanding QCP deferred stock unit award fully vested and was converted into the right to receive $20.75 in respect of each share underlying the deferred stock unit award.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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