4//SEC Filing
LIFEPOINT HEALTH, INC. 4
Accession 0001225208-16-028357
CIK 0001301611operating
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 7:41 PM ET
Size
8.0 KB
Accession
0001225208-16-028357
Insider Transaction Report
Form 4
GILBERT PAUL D
EVP, Chief Legal Officer
Transactions
- Award
Non-Qualified Stock Options (Right to buy)
2016-02-23+40,201→ 40,201 totalExercise: $64.22Exp: 2026-02-23→ Common (40,201 underlying) - Award
Restricted Stock Units
2016-02-23+10,854→ 37,854 totalExercise: $0.00→ Common (10,854 underlying)
Footnotes (3)
- [F1]The options vest in three equal installments beginning on the first anniversary of the date of grant.
- [F2]Upon vesting, the Reporting Person is entitled to receive up to two shares of Common Stock for each Restricted Stock Unit.
- [F3]The Performance Period with respect to these restricted stock units (RSUs) is January 1, 2016 through December 31, 2018. Each RSU represents the right to receive, upon vesting, up to two shares of the Issuer's common stock. Vesting of these performance-based RSUs is contingent criteria such as (i) the Issuer's three-year annualized total shareholder return or TSR as of December 31, 2018 relative to the S&P GICS Sub-industry: Health Care Facilities with over $500 million in revenues, or its equivalent; and (ii) the EBITDA of the Issuer and certain acquired facilities during the Performance Period.
Documents
Issuer
LIFEPOINT HEALTH, INC.
CIK 0001301611
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001301611
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 7:41 PM ET
- Size
- 8.0 KB