K. Ranga Krishnan - 30 Jun 2022 Form 4 Insider Report for COMMUNITY HEALTH SYSTEMS INC (CYH)

Role
Director
Signature
Christopher G. Cobb, Attorney In Fact for K. Ranga Krishnan
Issuer symbol
CYH
Transactions as of
30 Jun 2022
Net transactions value
+$32,500
Form type
4
Filing time
30 Jun 2022, 17:36:51 UTC
Previous filing
31 Mar 2022
Next filing
30 Sep 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 Options Exercise $0 +37,957 +53% $0.000000 109,143 30 Jun 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 Stock Units (SU) Options Exercise $0 -37,957 -93% $0.000000 2,738 30 Jun 2022 Common Stock 37,957 $0.000000 Direct F1, F2
transaction CYH Stock Units (SU) Award $32,500 +8,667 +317% $3.75 11,405 30 Jun 2022 Common Stock 8,667 $0.000000 Direct F3
holding CYH Restricted Stock Units 34,483 30 Jun 2022 Common Stock 34,483 $0.000000 Direct F4
holding CYH Restricted Stock Units 19,296 30 Jun 2022 Common Stock 19,296 $0.000000 Direct F4
holding CYH Restricted Stock Units 17,682 30 Jun 2022 Common Stock 17,682 $0.000000 Direct F4
* 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 settled 100% in the Company's common stock on the last business day of the calendar quarter following a date specified by the Reporting Person.
F2 Pursuant to the Company's Directors' Fees Deferral Plan, a cash payment was made to the Reporting Person in lieu of the fractional stock units (0.011), which are cancelled and do not convert into fractional shares of the Issuer's common stock.
F3 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.
F4 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.