Community Healthcare Trust Inc 4
4 · Community Healthcare Trust Inc · Filed Jan 18, 2017
Insider Transaction Report
Form 4
Barnes W. Page
Executive VP & CFO
Transactions
- Award
Common Stock
2017-01-13$23.05/sh+18,596$428,638→ 88,046 total
Footnotes (1)
- [F1]For 2017, the reporting person agreed to take 100% of his salary in the form of shares of restricted stock with an eight-year restriction period. Because the reporting person elected to take his base salary for 2017 in these shares of restricted stock, the Company awarded Mr. Barnes additional compensation, in restricted stock, equal to his annual salary. The price of the securities acquired by the reporting person is based on the volume weighted average price of the Company's common stock for the 10 trading days immediately preceding January 13, 2017, which was $23.05. The number of securities issued is equal to the total salary, including the additional compensation, divided by such price.