BRIAN F. KIDD - 25 Feb 2022 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Role: SVP, Controller, PAO
Signature: /s/ Brian F. Kidd
Issuer symbol: NHC
Transactions as of: 25 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 01 Mar 2022, 15:26:51 UTC
Previous filing: 23 Feb 2022
Next filing: 13 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NHC	Shares of Common Stock held in my name	Award	$0	+1,940	+11%	$0.000000	19,701	25 Feb 2022	Direct	F1

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
holding	NHC	Option to Purchase Common Stock						1,370	25 Feb 2022	Common Stock	1,370	$72.94	Direct
holding	NHC	Option to Purchase Common Stock						11,200	25 Feb 2022	Common Stock	11,200	$63.96	Direct

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

Explanation of Responses:

Id	Content
F1	Grant of restricted shares that are subject to a three-year vesting schedule with the first 33 1/3% vesting on 1/1/2023, the next 33 1/3% vesting on 1/1/2024, and the final 33 1/3% vesting on 1/1/2025.