SMITH JEFFREY RUSSELL 4
4 · NATIONAL HEALTHCARE CORP · Filed Mar 9, 2023
Insider Transaction Report
Form 4
SMITH JEFFREY RUSSELL
SVP & Treasurer
Transactions
- Award
Option to Purchase Common Stock
2023-03-08+7,500→ 7,500 totalExercise: $53.94From: 2024-03-08Exp: 2028-03-08→ Common Stock (7,500 underlying) - Award
Shares of Common Stock held in my name
2023-03-08+418→ 8,017 total
Holdings
- 11,200
Option to Purchase Common Stock
Exercise: $63.96From: 2023-02-18Exp: 2027-02-18→ Common Stock (11,200 underlying)
Footnotes (3)
- [F1]Grant of restricted shares that are subject to a three-year vesting schedule with the first 33 1/3% vesting on 1/1/2024, the next 33 1/3% vesting on 1/1/2025, and the final 33 1/3% vesting on 1/1/2026.
- [F2]These stock options were granted pursuant to the Company's 2020 Omnibus Equity Incentive Plan on March 8, 2023. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d).
- [F3]This option will become vested and exercisable ratably over three (3) years so that one-third (1/3) will vest on March 8, 2024; one-third (1/3) will vest on March 8, 2025; and the final one-third (1/3) will vest on March 8, 2026.