ADAMS W ANDREW - 06 May 2021 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Role: Director
Signature: /s/ W. Andrew Adams
Issuer symbol: NHC
Transactions as of: 06 May 2021
Net transactions value: $0
Form type: 4
Filing time: 07 May 2021, 15:53:33 UTC
Next filing: 28 May 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NHC	Shares of Common Stock - my name or my spouse's name						30,470	06 May 2021	Direct
holding	NHC	Shares of Common Stock - AdamsMark, L.P.						610,813	06 May 2021	Direct
holding	NHC	Shares of Common Stock - WAA Exempt Trust						1,937	06 May 2021	Direct
holding	NHC	Shares of Common Stock - Adams Family Foundation II						35,407	06 May 2021	Trustee

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	NHC	Option to Purchase Common Stock	Award	$0	+7,500		$0.000000	7,500	06 May 2021	Common Stock	7,500	$71.64	Direct	F1
holding	NHC	Option to Purchase Common Stock						7,500	06 May 2021	Common Stock	7,500	$62.78	Direct
holding	NHC	Option to Purchase Common Stock						7,500	06 May 2021	Common Stock	7,500	$72.94	Direct
holding	NHC	Option to Purchase Common Stock						7,500	06 May 2021	Common Stock	7,500	$61.90	Direct
holding	NHC	Option to Purchase Common Stock						7,500	06 May 2021	Common Stock	7,500	$77.92	Direct
holding	NHC	Option to Purchase Common Stock						7,500	06 May 2021	Common Stock	7,500	$64.64	Direct

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

Explanation of Responses:

Id	Content
F1	These stock options were granted pursuant to the 2020 Omnibus Equity Incentive Plan on May 6, 2021. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d).