SMITH JEFFREY RUSSELL 4
4 · NATIONAL HEALTHCARE CORP · Filed Mar 18, 2019
Insider Transaction Report
Form 4
SMITH JEFFREY RUSSELL
SVP & Treasurer
Transactions
- Exercise/Conversion
Shares of Common Stock held in my name
2019-03-14$72.94/sh+12,000$875,280→ 13,172 total - Exercise/Conversion
Option to Purchase Common Stock
2019-03-14−12,000→ 48,000 totalExercise: $72.94From: 2019-02-14Exp: 2022-03-11→ Common Stock (60,000 underlying) - Tax Payment
Shares of Common Stock held in my name
2019-03-14$80.80/sh−11,178$903,182→ 1,994 total
Footnotes (3)
- [F1]These stock options were granted pursuant to the Company's 2010 Omnibus Equity Incentive plan on March 14, 2017. On February 14, 2019, the Compensation Committee amended the option to grant a 30 day window to exercise up to 40% of this option, with any shares issued upon exercise to be held as restricted stock until 2/9/22, the original date exercisable. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d).
- [F2]Shares were withheld by the Company to pay the exercise price.
- [F3]Total amount of common shares owned following transactions reported on this form.