K. Ranga Krishnan - Dec 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: Dec 31, 2022
Transactions value $: $32,500
Form type: 4
Date filed: 1/3/2023, 03:18 PM
Previous filing: Sep 30, 2022
Next filing: Mar 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CYH	Common Stock						109K	Dec 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	+7.52K	+28.37%	$4.32	34K	Dec 31, 2022	Common Stock	7.52K	$0.00	Direct	F1
holding	CYH	Restricted Stock Units						34.5K	Dec 31, 2022	Common Stock	34.5K	$0.00	Direct	F2
holding	CYH	Restricted Stock Units						19.3K	Dec 31, 2022	Common Stock	19.3K	$0.00	Direct	F2
holding	CYH	Restricted Stock Units						17.7K	Dec 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.

Content

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.

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.