LAROCHE RICHARD F JR - 29 Dec 2021 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Role: Director
Signature: /s/ Richard F. LaRoche, Jr.
Issuer symbol: NHC
Transactions as of: 29 Dec 2021
Net transactions value: +$309,500
Form type: 4
Filing time: 29 Dec 2021, 14:05:44 UTC
Previous filing: 07 May 2021
Next filing: 12 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NHC	Common Stock - Held in my name or my wife's name	Options Exercise	$309,500	+5,000	+2.6%	$61.90	194,313	29 Dec 2021	Direct	F1
holding	NHC	Common Stock - Family LP (BFLP)						30,000	29 Dec 2021	General Partner
holding	NHC	Common Stock - Fam. Partnership (LR Ent.)						31,698	29 Dec 2021	Direct
holding	NHC	Common Stock - Fam. Partnership (LFLP)						96,000	29 Dec 2021	General Partner

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	Options Exercise	$0	-5,000	-67%	$0.000000	2,500	29 Dec 2021	Common Stock	7,500	$61.90	Direct	F1
holding	NHC	Option to Purchase Common Stock						7,500	29 Dec 2021	Common Stock	7,500	$72.94	Direct
holding	NHC	Option to Purchase Common Stock						7,500	29 Dec 2021	Common Stock	7,500	$77.92	Direct
holding	NHC	Option to Purchase Common Stock						7,500	29 Dec 2021	Common Stock	7,500	$64.64	Direct
holding	NHC	Option to Purchase Common Stock						7,500	29 Dec 2021	Common Stock	7,500	$71.64	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 2010 Omnibus Equity Incentive Plan on May 3, 2018. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d).