Vicki L. Dodson - 06 Dec 2023 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Signature
/s/ Vicki L. Dodson
Issuer symbol
NHC
Transactions as of
06 Dec 2023
Net transactions value
-$25,854
Form type
4
Filing time
08 Dec 2023, 11:28:48 UTC
Previous filing
09 Mar 2023
Next filing
03 Jan 2024

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 Options Exercise $238,763 +3,733 +107% $63.96 7,222 06 Dec 2023 Direct F1
transaction NHC Shares of Common Stock held in my name Tax liability $264,617 -3,028 -42% $87.39 4,194 06 Dec 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 -3,733 -33% $0.000000 7,467 06 Dec 2023 Common Stock 11,200 $63.96 Direct F1
holding NHC Option to Purchase Common Stock 11,200 06 Dec 2023 Common Stock 11,200 $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.