Leroy E. McIntosh Jr. - Nov 21, 2023 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Signature
/s/ Leroy E. McIntosh, Jr.
Stock symbol
NHC
Transactions as of
Nov 21, 2023
Transactions value $
-$16,117
Form type
4
Date filed
11/22/2023, 04:59 PM
Previous filing
Mar 9, 2023
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHC Shares of Common Stock Options Exercise $239K +3.73K +55.5% $63.96 10.5K Nov 21, 2023 Direct F1
transaction NHC Common Stock Tax liability -$255K -3.3K -31.51% $77.33 7.16K Nov 21, 2023 Direct F2, F3

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 -3.73K -33.33% $0.00 7.47K Nov 21, 2023 Common Stock 11.2K $63.96 Direct F1
holding NHC Option to Purchase Common STock 11.2K Nov 21, 2023 Common Stock 11.2K $53.94 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 February 18, 2022. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d).
F2 Shares were withheld by the Company to pay the exercise price and withholding tax obligations.
F3 Total amount of shares beneficially owned following transactions reported on this form.