Cotman Cathrine 4
4 · Community Healthcare Trust Inc · Filed May 17, 2024
Insider Transaction Report
Form 4
Cotman Cathrine
Director
Transactions
- Award
Common Stock
2024-05-16$24.27/sh+4,285$103,997→ 18,861 total
Footnotes (1)
- [F1]For 2024, the reporting person elected to take 100% of her Board retainer in the form of shares of restricted stock with a three-year restriction period. Because the reporting person elected to take her Board retainer for 2024 in shares of restricted stock in lieu of cash, the Company awarded her additional shares of restricted stock, equal to 60% of the value of the Board retainer. The price of the securities acquired by the reporting person with respect to the Board retainer is based upon the ten (10) day average stock price of the common stock, which is equal to $24.27. The number of securities issued is equal to the total value of the Board retainer plus the value of the additional shares divided by such 10-day average stock price.