WALLACE TIMOTHY G 4
4 · Community Healthcare Trust Inc · Filed Aug 19, 2019
Insider Transaction Report
Form 4
WALLACE TIMOTHY G
DirectorChairman, CEO & President
Transactions
- Award
Common Stock
2019-08-15$42.50/sh+10,164$431,970→ 730,853 total
Footnotes (1)
- [F1]For 2019, the reporting person agreed to take 100% of his cash bonus in shares of restricted stock with an eight-year restriction period. Because the reporting person elected to take his bonus for 2019 in shares of restricted stock, the Company awarded Mr. Wallace additional compensation, in restricted stock, equal to his cash bonus. The price of the securities acquired by the reporting person is based on the average price of the Company's common stock for the 10 trading days immediately preceding August 15, 2019, which was $42.50. The number of securities issued is equal to the total cash bonus, including the additional compensation, divided by such price.