Chad A. Campbell - Jun 1, 2021 Form 4 Insider Report for COMMUNITY HEALTH SYSTEMS INC (CYH)

Signature
Christopher G. Cobb, Attorney in Fact for Chad A Campbell
Stock symbol
CYH
Transactions as of
Jun 1, 2021
Transactions value $
-$9,206
Form type
4
Date filed
6/2/2021, 04:30 PM
Previous filing
May 20, 2021
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYH Common Stock Tax liability -$9.21K -569 -1.3% $16.18 43.3K Jun 1, 2021 Direct

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 Performance Based Restricted 15K Jun 1, 2021 Common Stock 15K $0.00 Direct F1
holding CYH Performance Based Restricted 15K Jun 1, 2021 Common Stock 15K $0.00 Direct F2
holding CYH Stock Options (Right to Buy) 15K Jun 1, 2021 Common Stock 15K $4.93 Direct
holding CYH Stock Options (Right to Buy) 15K Jun 1, 2021 Common Stock 15K $8.81 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The vesting of these performance-based restricted shares is subject to the attainment of certain performance objectives between 1/1/2020 and 12/31/2022 (the "2020-2022 Performance Period"). The target number (100%) of the total performance-based restricted shares is reported in the table set forth above. Between 0% and 200% of the portion of the target number of performance-based restricted shares allocated to each applicable performance objective will ultimately vest on the third anniversary of the date of grant, subject to the attainment of the applicable performance objective, with the vesting percentage to be determined based upon the level of achievement with respect to the applicable performance objective during the 2020-2022 Performance Period.
F2 The vesting of these performance-based restricted shares is subject to the attainment of certain performance objectives between 1/1/2021 and 12/31/2023 (the "2021-2023 Performance Period"). The target number (100%) of the total performance-based restricted shares is reported in the table set forth above. Between 0% and 200% of the portion of the target number of performance-based restricted shares allocated to each applicable performance objective will ultimately vest on the third anniversary of the date of grant, subject to the attainment of the applicable performance objective, with the vesting percentage to be determined based upon the level of achievement with respect to the applicable performance objective during the 2021-2023 Performance Period.