Robert M. Thornton Jr - Aug 16, 2023 Form 4 Insider Report for SUNLINK HEALTH SYSTEMS INC (SSY)

Role
CEO, Chairman & President, Director
Signature
M. Timothy Elder, pursuant to a Power of Attorney
Stock symbol
SSY
Transactions as of
Aug 16, 2023
Transactions value $
$0
Form type
4
Date filed
8/16/2023, 05:09 PM
Previous filing
Aug 26, 2022
Next filing
Oct 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSY Series C Fractional Interests Award +555K 555K Aug 16, 2023 See Footnote 2 F1, F2
transaction SSY Series C Fractional Interests Award +5K 5K Aug 16, 2023 By IRA F1
holding SSY Common Stock 555K Aug 16, 2023 See Footnote 2 F2, F3
holding SSY Common Stock 5K Aug 16, 2023 By IRA F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 2, 2023, the Company declared a dividend per Common Share of one fractional interest in the Corporation's Series C Redeemable Preferred Shares (the "Series C Preferred Shares", and each such fraction of a Series C Preferred Share, a "Series C Fractional Interest"), for each outstanding share of the Company's common shares, no par value per share (the "Common Shares"), payable on August 16, 2023 to shareholders of record at 5:00 p.m. Eastern Time on August 15, 2023.
F2 Owned by CareVest Capital, L.L.C. ("CareVest"). Mr. Thornton owns 100% of the outstanding voting shares of CareVest and is reporting CareVest's total direct holdings of SunLink shares.
F3 This row reflects indirect ownership which has not changed as a result of the transactions reported on this form.