Michael Dinkins - Mar 1, 2023 Form 4 Insider Report for COMMUNITY HEALTH SYSTEMS INC (CYH)

Role
Director
Signature
Christopher G. Cobb, Attorney in Fact for Michael Dinkins
Stock symbol
CYH
Transactions as of
Mar 1, 2023
Transactions value $
$179,998
Form type
4
Date filed
3/2/2023, 03:18 PM
Previous filing
Sep 12, 2022
Next filing
Apr 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYH Common Stock Options Exercise $0 +11.5K +10.19% $0.00 124K Mar 1, 2023 Direct F1
transaction CYH Common Stock Options Exercise $0 +6.43K +5.18% $0.00 131K Mar 1, 2023 Direct F1
transaction CYH Common Stock Options Exercise $0 +5.89K +4.51% $0.00 137K Mar 1, 2023 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 Restricted Stock Units Options Exercise $0 -11.5K -100% $0.00* 0 Mar 1, 2023 Common Stock 11.5K $0.00 Direct F2
transaction CYH Restricted Stock Units Options Exercise $0 -6.43K -50% $0.00 6.43K Mar 1, 2023 Common Stock 6.43K $0.00 Direct F2
transaction CYH Restricted Stock Units Options Exercise $0 -5.89K -33.33% $0.00 11.8K Mar 1, 2023 Common Stock 5.89K $0.00 Direct F2
transaction CYH Restricted Stock Units Award $180K +29.3K $6.15 29.3K Mar 1, 2023 Common Stock 29.3K $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 security converts to common stock on a one-to-one basis.
F2 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 common stock of the Company.