Form: 5/A

Annual statement of changes in beneficial ownership of securities

September 10, 2001

5/A: Annual statement of changes in beneficial ownership of securities

Published on September 10, 2001



U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 5/A

AMENDED ANNUAL 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(f) of the Investment Company Act of 1940

[_] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).

[_] Form 3 Holdings Reported

[_] Form 4 Transactions Reported

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1. Name and Address of Reporting Person*

Erickson Thomas W.
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(Last) (First) (Middle)

3106 Greenbriar Drive
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(Street)

Dallas TX 75225
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol


Omega Healthcare Investors, Inc. (OHI)
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)



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4. Statement for Month/Year


12/00
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5. If Amendment, Date of Original (Month/Year)


February 2001
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6. Relationship of Reporting Person to Issuer
(Check all applicable)

[X] Director [_] 10% Owner
[X] Officer (give title below) [_] Other (specify below)

Interim President and CEO
________________________________________________________________________________
7. Individual or Joint/Group Filing
(Check applicable line)

[X] Form filed by one Reporting Person
[_] Form filed by more than one Reporting Person
________________________________________________________________________________


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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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5. 6.
4. Amount of Owner-
Securities Acquired (A) or Securities ship
Disposed of (D) Beneficially Form: 7.
(Instr. 3, 4 and 5) Owned at End Direct Nature of
2. 3. ----------------------------- of Issuer's (D) or Indirect
1. Transaction Transaction (A) Fiscal Year Indirect Beneficial
Title of Security Date Code Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) (Instr. 8) (D) and 4) (Instr.4) (Instr. 4)
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* If the form is filed by more than one Reporting Person, see Instruction
4(b)(v).

Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.

(Print or Type Responses) (Over)



FORM 5 (continued)

Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

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9. 10.
Number Owner-
of ship
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- Securities Date Securities Price Bene- ity: In-
cise 3. Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- 4. or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Trans- of (D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date action (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ Code 4 and 5) Date Expira- Number ity Year (I) ship
Security Secur- Day/ (Instr. ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) 8) (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Options
(right to buy) $6.25 7/17/00 A* 10,000 * * Common 10,000 $6.25 10,000 D
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Options
(right to buy) $6.25 10/1/00 A* 35,000 ** ** Common 35,000 $6.25 45,000 D
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Explanation of Responses:
*Options to acquire 10,000 shares of common stock at an exercise price of $6.25
per share were granted to the undersigned on July 17, 2000. Options are
exercisable as to one third of the shares after July 17, 2001, as to an
additional one-third of the shares after July 17, 2002 and as to the remaining
balance after July 17, 2003, all at an exercise price of $6.25. Options expire
10 years from the date of grant.

**Options to acquire 35,000 shares of common stock at an exercise price of $6.25
per share were granted to the undersigned on October 1, 2000. The options are
exercisable from the date of grant until the earlier of (i) the tenth
anniversary of the grant date; (ii) termination by new CEO for cause or
(iii) November 1, 2005. Options vest on May 1, 2001.



/s/ THOMAS W. ERICKSON September 10, 2001
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**Signature of Reporting Person Date

** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.


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