Josh A. McCreary - Feb 29, 2024 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Signature
/s/ Josh A. McCreary
Stock symbol
NHC
Transactions as of
Feb 29, 2024
Transactions value $
-$48,437
Form type
4
Date filed
3/4/2024, 05:20 PM
Previous filing
Jan 3, 2024
Next filing
Mar 7, 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 +112.71% $63.96 7.05K Feb 29, 2024 Direct F1
transaction NHC Shares of Common Stock Tax liability -$287K -2.91K -41.32% $98.66 4.13K Feb 29, 2024 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 -49.99% $0.00 3.73K Feb 29, 2024 Common Stock 7.47K $63.96 Direct F1
holding NHC Option to Purchase Common Stock 12K Feb 29, 2024 Common Stock 12K $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.