Lynn T. Simon - 01 Mar 2022 Form 4/A - Amendment Insider Report for COMMUNITY HEALTH SYSTEMS INC (CYH)

Signature
Christopher G. Cobb, Attorney In Fact for Lynn T. Simon
Issuer symbol
CYH
Transactions as of
01 Mar 2022
Net transactions value
-$544,152
Form type
4/A - Amendment
Filing time
04 Nov 2022, 16:23:41 UTC
Date Of Original Report
02 Mar 2022
Next filing
02 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYH Common Stock Tax liability $544,152 -53,453 -13% $10.18 351,974 01 Mar 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Amendment corrects (i) the number of shares of Common Stock forfeited by Reporting Person on 3/1/22 at the closing price of the Company's Common Stock on that date ($10.18/share) as a result of tax withholding associated with the 3/1/22 restricted stock vesting events as well as (ii) the number of shares of Common Stock beneficially owned by Reporting Person. On a Form 4 filed on 3/2/22, the number of shares withheld from Reporting Person as payment of the tax liability resulting from the 3/1/22 vesting events related to prior grants of restricted stock was incorrectly reported as 53,543, rather than the correct figure of 53,453. As a result, the number of shares of Common Stock beneficially owned by Reporting Person was incorrectly reported in Table 1, Column 5 as 351,884, rather than the correct figure of 351,974.