William Norris Jennings - Jun 1, 2021 Form 4 Insider Report for COMMUNITY HEALTH SYSTEMS INC (CYH)

Role
Director
Signature
Christopher G. Cobb, Attorney in Fact for William Norris Jennings
Stock symbol
CYH
Transactions as of
Jun 1, 2021
Transactions value $
-$465,300
Form type
4
Date filed
6/2/2021, 04:29 PM
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYH Common Stock Sale -$465K -30K -30.89% $15.51 67.1K Jun 1, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CYH Restricted Stock Units 11.4K Jun 1, 2021 Common Stock 11.4K $0.00 Direct F2
holding CYH Restricted Stock Units 34.5K Jun 1, 2021 Common Stock 34.5K $0.00 Direct F3
holding CYH Restricted Stock Units 19.3K Jun 1, 2021 Common Stock 19.3K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold in a series of transactions at an average sales price of $15.51 per share.
F2 The Restricted Stock Units vest in 1/3 increments on the first, second and third anniversary date of the date of grant. Upon vesting, the Reporting Person will be issued that number of shares of the Common Stock of the Company.
F3 The Restricted Stock Units vest in 1/3 increments on the first, second and third anniversary of the date of grant. Based on the Reporting Peron's prior deferral election pursuant to the terms of the award agreement, the Reporting Person will be issued that number of shares of the Common Stock of the Company upon the Reporting Person's cessation as a director or upon a date specified by the Reporting Person.