Adams W Andrew - Dec 15, 2022 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Role
Director
Signature
/s/ W. Andrew Adams by Kristina R. Hulsey, P.O.A.
Stock symbol
NHC
Transactions as of
Dec 15, 2022
Transactions value $
$125,038
Form type
4
Date filed
12/19/2022, 05:29 PM
Previous filing
May 6, 2022
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHC Shares of Common Stock - my name or my spouse's name Options Exercise $125K +2.02K +5.18% $61.90 41K Dec 15, 2022 Direct F1
holding NHC Shares of Common Stock - AdamsMark, L.P. 610K Dec 15, 2022 Direct
holding NHC Shares of Common Stock - WAA Exempt Trust 1.84K Dec 15, 2022 Direct
holding NHC Shares of Common Stock - Adams Family Foundation II 35.4K Dec 15, 2022 Trustee
holding NHC Shares of Common Stock - Adams Grandchildren's Trust 2.31K Dec 15, 2022 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 Options Exercise $0 -2.02K -26.93% $0.00 5.48K Dec 15, 2022 Common Stock 7.5K $61.90 Direct
holding NHC Option to Purchase Common Stock 7.5K Dec 15, 2022 Common Stock 7.5K $77.92 Direct
holding NHC Option to Purchase Common Stock 7.5K Dec 15, 2022 Common Stock 7.5K $64.64 Direct
holding NHC Option to Purchase Common Stock 7.5K Dec 15, 2022 Common Stock 7.5K $71.64 Direct
holding NHC Option to Purchase Common Stock [2022 Grant] 7.5K Dec 15, 2022 Common Stock 7.5K $69.19 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).