James S. Ely III - May 31, 2022 Form 4 Insider Report for COMMUNITY HEALTH SYSTEMS INC (CYH)

Role
Director
Signature
Christopher G. Cobb, Attorney In Fact for James S. Ely III
Stock symbol
CYH
Transactions as of
May 31, 2022
Transactions value $
$253,810
Form type
4
Date filed
6/2/2022, 04:25 PM
Previous filing
May 5, 2022
Next filing
Aug 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYH Common Stock Purchase $51.2K +10K +3.98% $5.12 261K May 31, 2022 Direct
transaction CYH Common Stock Purchase $153K +30K +11.48% $5.09 291K Jun 1, 2022 Direct F1
transaction CYH Common Stock Purchase $50K +10K +3.43% $5.00 301K Jun 2, 2022 Direct
holding CYH Common Stock 4.99K May 31, 2022 By E5 Investors LLC

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 34.5K May 31, 2022 Common Stock 34.5K $0.00 Direct F2
holding CYH Restricted Stock Units 19.3K May 31, 2022 Common Stock 19.3K $0.00 Direct F2
holding CYH Restricted Stock Units 17.7K May 31, 2022 Common Stock 17.7K $0.00 Direct F3
holding CYH Stock Units (SU) 16K May 31, 2022 Common Stock 16K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price of $5.087 per share. These shares were purchased in multiple transactions on 06/01/2022 at prices ranging from $5.05 to $5.11, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
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.
F3 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.
F4 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.