K. Ranga Krishnan - 01 Mar 2023 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: 01 Mar 2023
Net transactions value: +$179,998
Form type: 4
Filing time: 02 Mar 2023, 15:22:37 UTC
Previous filing: 03 Jan 2023
Next filing: 31 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CYH	Common Stock						109,143	01 Mar 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CYH	Restricted Stock Units	Award	$179,998	+29,268	$6.15	29,268	01 Mar 2023	Common Stock	29,268	$0.000000	Direct	F1
holding	CYH	Restricted Stock Units					34,483	01 Mar 2023	Common Stock	34,483	$0.000000	Direct	F1
holding	CYH	Restricted Stock Units					19,296	01 Mar 2023	Common Stock	19,296	$0.000000	Direct	F1
holding	CYH	Restricted Stock Units					17,682	01 Mar 2023	Common Stock	17,682	$0.000000	Direct	F1
holding	CYH	Stock Units (SU)					34,044	01 Mar 2023	Common Stock	34,044	$0.000000	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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 common stock of the Company upon the Reporting Person's cessation as a director or upon a date specified by the Reporting Person.
F2	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.

Content

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 common stock of the Company upon the Reporting Person's cessation as a director or upon a date specified by the Reporting Person.

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.