Elizabeth T. Hirsch - Mar 1, 2022 Form 4 Insider Report for COMMUNITY HEALTH SYSTEMS INC (CYH)

Role
Director
Signature
Christopher G. Cobb, Attorney in Fact for Elizabeth T. Hirsch
Stock symbol
CYH
Transactions as of
Mar 1, 2022
Transactions value $
$180,003
Form type
4
Date filed
3/2/2022, 04:40 PM
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYH Common Stock Options Exercise $0 +11.4K +50% $0.00 34.1K Mar 1, 2022 Direct F1
transaction CYH Common Stock Options Exercise $0 +6.43K +18.88% $0.00 40.5K Mar 1, 2022 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
transaction CYH Restricted Stock Units Options Exercise $0 -11.4K -100% $0.00* 0 Mar 1, 2022 Common Stock 11.4K $0.00 Direct F2
transaction CYH Restricted Stock Units Options Exercise $0 -6.43K -33.33% $0.00 12.9K Mar 1, 2022 Common Stock 6.43K $0.00 Direct F2
transaction CYH Restricted Stock Units Award $180K +17.7K $10.18 17.7K Mar 1, 2022 Common Stock 17.7K $0.00 Direct F2
holding CYH Restricted Stock Units 34.5K Mar 1, 2022 Common Stock 34.5K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The security converts to common stock on a one-to-one basis.
F2 The Restricted Stock Units vest in 1/3 increments on the first, second and third anniversary date of the date of the 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 Person'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.