4//SEC Filing
COMMUNITY HEALTH SYSTEMS INC 4
Accession 0001209191-16-104479
$CYHCIK 0001108109operating
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:24 PM ET
Size
11.1 KB
Accession
0001209191-16-104479
Insider Transaction Report
Form 4
Smith Patton Paul
Division President
Transactions
- Tax Payment
Common Stock
2016-03-01$15.43/sh−1,058$16,325→ 17,648 total - Award
Performance Based Restricted
2016-03-01$15.43/sh+35,000$540,050→ 35,000 totalExercise: $0.00From: 2017-03-01Exp: 2026-02-28→ Common Stock (35,000 underlying)
Holdings
- 1,000
Stock Options (Right to Buy)
Exercise: $33.90From: 2011-02-24Exp: 2020-02-23→ Common Stock (1,000 underlying) - 1,000
Stock Options (Right to Buy)
Exercise: $21.07From: 2013-02-16Exp: 2022-02-15→ Common Stock (1,000 underlying) - 1,000
Stock Options (Right to Buy)
Exercise: $37.96From: 2012-02-23Exp: 2021-02-22→ Common Stock (1,000 underlying)
Footnotes (1)
- [F1]Each performance based restricted share represents a contingent right to receive one share of CYH common stock. There are two elements to the lapsing of the performance-based restriction; first, the Company must achieve specified targeted amount of adjusted EBITDA or net revenue from continuing operations, and if the performance objective is met, the time-vesting restrictions will lapse in 1/3 increments on the first, second and third anniversary of the date of grant. If the performance objectives are not met, the shares will be forfeited.
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, 4:24 PM ET
- Size
- 11.1 KB