William Norris Jennings - 01 Jun 2021 Form 4 Insider Report for COMMUNITY HEALTH SYSTEMS INC (CYH)

Role: Director
Signature: Christopher G. Cobb, Attorney in Fact for William Norris Jennings
Issuer symbol: CYH
Transactions as of: 01 Jun 2021
Net transactions value: -$465,300
Form type: 4
Filing time: 02 Jun 2021, 16:29:21 UTC
Next filing: 02 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CYH	Common Stock	Sale	$465,300	-30,000	-31%	$15.51	67,112	01 Jun 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						11,356	01 Jun 2021	Common Stock	11,356	$0.000000	Direct	F2
holding	CYH	Restricted Stock Units						34,483	01 Jun 2021	Common Stock	34,483	$0.000000	Direct	F3
holding	CYH	Restricted Stock Units						19,296	01 Jun 2021	Common Stock	19,296	$0.000000	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.