4//SEC Filing
COMMUNITY HEALTH SYSTEMS INC 4
Accession 0001209191-16-104471
$CYHCIK 0001108109operating
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:23 PM ET
Size
20.9 KB
Accession
0001209191-16-104471
Insider Transaction Report
Form 4
SEIFERT RACHEL A
Senior VP and Secretary
Transactions
- Tax Payment
Common Stock
2016-03-01$15.43/sh−10,970$169,267→ 222,197 total - Exercise/Conversion
Common Stock
2016-03-01+35,000→ 199,833 total - Exercise/Conversion
Common Stock
2016-03-01+33,334→ 233,167 total - Exercise/Conversion
Performance Based Restricted
2016-03-01−33,334→ 0 totalExercise: $0.00→ Common Stock (33,334 underlying) - Award
Common Stock
2016-03-01+35,000→ 257,197 total - Exercise/Conversion
Performance Based Restricted
2016-03-01−35,000→ 0 totalExercise: $0.00From: 2016-03-01Exp: 2025-02-28→ Common Stock (35,000 underlying)
Holdings
- 7,500
Stock Options (Right to Buy)
Exercise: $33.90From: 2011-02-24Exp: 2020-02-23→ Common Stock (7,500 underlying) - 10,000
Stock Options (Right to Buy)
Exercise: $32.28From: 2009-02-27Exp: 2018-02-26→ Common Stock (10,000 underlying) - 2,500
Stock Options (Right to Buy)
Exercise: $18.18From: 2010-02-25Exp: 2019-02-24→ Common Stock (2,500 underlying) - 7,500
Stock Options (Right to Buy)
Exercise: $37.96From: 2012-02-23Exp: 2021-02-22→ Common Stock (7,500 underlying) - 7,500
Stock Options (Right to Buy)
Exercise: $21.07From: 2013-02-16Exp: 2022-02-15→ Common Stock (7,500 underlying)
Footnotes (2)
- [F1]The performance objectives governing these shares of Performance Based Restricted Stock have been met, and, accordingly, these shares will now be reported in Table 1 as directly owned shares of Restricted Stock. The time-vesting restrictions lapse in 1/3 increments on the first, second and third anniversary of the date of grant.
- [F2]Pursuant to the terms governing the award, the Company has achieved the cost savings ("synergies") from the Health Management Associates, Inc. ("HMA") merger transaction that were required to be achieved during the first two years following the HMA merger transaction, and, accordingly, the performance-based restrictions on the remaining portion of the award have lapsed as of the second anniversary of the date of grant. All such shares will now be reported on Table 1 as directly owned shares of Restricted Stock. There is also a time-vesting element. The time-vesting restrictions lapse in equal installments on the second and third anniversary of the date of grant.
Documents
Issuer
COMMUNITY HEALTH SYSTEMS INC
CIK 0001108109
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001108109
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 4:23 PM ET
- Size
- 20.9 KB