Robert M. Thornton Jr - Oct 19, 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
Oct 19, 2023
Transactions value $
$0
Form type
4
Date filed
10/23/2023, 03:07 PM
Previous filing
Aug 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSY Series C Fractional Interests Disposed to Issuer -555K -100% 0 Oct 19, 2023 See Footnote 2 F1, F2
transaction SSY Series C Fractional Interests Disposed to Issuer -5K -100% 0 Oct 19, 2023 By IRA F1
holding SSY Common Stock 555K Oct 19, 2023 See Footnote 2 F2, F3
holding SSY Common Stock 5K Oct 19, 2023 By IRA F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 relates to the automatic redemption of all Series C Fractional Interests for no consideration following shareholder approval of the Issuer's Reincorporation Proposal at a special meeting held on October 19, 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.