K. Ranga Krishnan - Mar 31, 2022 Form 4 Insider Report for COMMUNITY HEALTH SYSTEMS INC (CYH)

Role
Director
Signature
Christopher G. Cobb, Attorney in Fact for K. Ranga Krishnan
Stock symbol
CYH
Transactions as of
Mar 31, 2022
Transactions value $
$32,500
Form type
4
Date filed
3/31/2022, 05:42 PM
Previous filing
Mar 2, 2022
Next filing
Jun 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CYH Common Stock 71.2K Mar 31, 2022 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
transaction CYH Stock Units (SU) Award $32.5K +2.74K +7.21% $11.87 40.7K Mar 31, 2022 Common Stock 2.74K $0.00 Direct F1
holding CYH Restricted Stock Units 34.5K Mar 31, 2022 Common Stock 34.5K $0.00 Direct F2
holding CYH Restricted Stock Units 19.3K Mar 31, 2022 Common Stock 19.3K $0.00 Direct F2
holding CYH Restricted Stock Units 17.7K Mar 31, 2022 Common Stock 17.7K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Stock Units were accrued under the Company's Directors' Fees Deferral Plan in lieu of a portion of the Reporting Person's Director Fees and are settled 100% in the Company's common stock on the last business day of the calendar quarter following cessation as a director or upon a date specified by the Reporting Person.
F2 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.