Stephen F. Flatt - Nov 17, 2023 Form 4/A - Amendment Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Signature
/s/ Stephen F. Flatt
Stock symbol
NHC
Transactions as of
Nov 17, 2023
Transactions value $
-$26,780
Form type
4/A - Amendment
Date filed
11/29/2023, 04:38 PM
Date Of Original Report
Nov 22, 2023
Previous filing
Nov 22, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHC Common Stock Gift $0 -800 -1.41% $0.00 55.9K Nov 17, 2023 Direct F4
transaction NHC Common Stock Options Exercise $303K +4.73K +8.47% $63.96 60.6K Nov 21, 2023 Direct F1
transaction NHC Common Stock Tax liability -$330K -4.26K -7.03% $77.33 56.3K 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 -4.73K -33.33% $0.00 9.47K Nov 21, 2023 Common Stock 14.2K $63.96 Direct F1
holding NHC Option to Purchase Common Stock 15K Nov 17, 2023 Common Stock 15K $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.
F4 The date of the reported gifting transaction was previously reported as November 16, 2023 and is corrected here to be November 17, 2023.