DAVID S. CHERNOW - 27 Feb 2023 Form 4 Insider Report for SELECT MEDICAL HOLDINGS CORP (SEM)

Role: PRESIDENT AND CEO
Signature: /s/ Michael E. Tarvin, Attorney-in-Fact
Issuer symbol: SEM
Transactions as of: 27 Feb 2023
Net transactions value: -$3,809,715
Form type: 4
Filing time: 28 Feb 2023, 17:02:01 UTC
Previous filing: 03 Aug 2022
Next filing: 31 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SEM	Common Stock	Sale	$3,809,715	-139,550	-14%	$27.30	839,550	27 Feb 2023	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by David S. Chernow on August 23, 2022.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.04 to $28.00, inclusive. The reporting person undertakes to provide Select Medical Holdings Corporation, any security holder of Select Medical Holdings Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.

Content

These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by David S. Chernow on August 23, 2022.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.04 to $28.00, inclusive. The reporting person undertakes to provide Select Medical Holdings Corporation, any security holder of Select Medical Holdings Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.