Burgess Ernest G III - May 1, 2024 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Role
Director
Signature
/s/ Ernest G. Burgess, III
Stock symbol
NHC
Transactions as of
May 1, 2024
Transactions value $
$73
Form type
4
Date filed
5/3/2024, 04:12 PM
Previous filing
Feb 28, 2024
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHC Shares of Common Stock held in BTCP Trust Options Exercise $584K +7.5K +8.82% $77.92 92.5K May 1, 2024 Trustee F1
transaction NHC Shares of Common Stock held in BTCP Trust Tax liability -$584K -6.35K -6.86% $92.02 86.2K May 1, 2024 Trustee 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 -7.5K -100% $0.00* 0 May 1, 2024 Common Stock 7.5K $77.92 Direct F1
holding NHC Option to Purchase Common Stock [2020 Grant] 5.5K May 1, 2024 Common Stock 5.5K $64.64 Direct
holding NHC Option to Purchase Common Stock [2021 Grant] 7.5K May 1, 2024 Common Stock 7.5K $71.64 Direct
holding NHC Option to Purchase Common Stock [2022 Grant] 7.5K May 1, 2024 Common Stock 7.5K $69.19 Direct
holding NHC Option to Purchase Common Stock [2023 Grant] 7.5K May 1, 2024 Common Stock 7.5K $55.75 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 9, 2019. 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.
F3 Total amount of shares beneficially owned following transactions reported on this form.