K. Ranga Krishnan - 30 Sep 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
30 Sep 2023
Net transactions value
+$32,500
Form type
4
Filing time
02 Oct 2023, 16:20:21 UTC
Previous filing
30 Jun 2023
Next filing
02 Jan 2024
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 30 Sep 2023 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 $32,500 +11,207 +23% $2.90 59,270 30 Sep 2023 Common Stock 11,207 $0.000000 Direct F1
holding CYH Restricted Stock Units 34,483 30 Sep 2023 Common Stock 34,483 $0.000000 Direct F2
holding CYH Restricted Stock Units 19,296 30 Sep 2023 Common Stock 19,296 $0.000000 Direct F3
holding CYH Restricted Stock Units 17,682 30 Sep 2023 Common Stock 17,682 $0.000000 Direct F3
holding CYH Restricted Stock Units 29,268 30 Sep 2023 Common Stock 29,268 $0.000000 Direct F3
* 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 These restricted stock units vested 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.
F3 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.