Community Healthcare Trust Inc 4
4 · Community Healthcare Trust Inc · Filed Aug 19, 2016
Insider Transaction Report
Form 4
Barnes W. Page
Executive VP & CFO
Transactions
- Award
Common Stock
2016-08-18$23.20/sh+12,929$299,953→ 69,450 total
Footnotes (1)
- [F1]For 2016, the reporting person agreed to take 100% of his cash bonus in the form of shares of restricted stock with an eight-year restriction period. Because the reporting person elected to take his bonus for 2016 in shares of restricted stock, the Company awarded the reporting person additional compensation, in restricted stock, equal to his cash bonus. The price of the securities acquired by the reporting person is based on the weighted average price of the Company's common stock for the 10 trading days immediately preceding August 18, 2016, which was $23.20. The number of securities issued is equal to the total cash bonus, including the additional compensation, divided by such price.