BURGESS ERNEST G III - 01 May 2024 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Role
Director
Signature
/s/ Ernest G. Burgess, III
Issuer symbol
NHC
Transactions as of
01 May 2024
Net transactions value
+$73
Form type
4
Filing time
03 May 2024, 16:12:30 UTC
Previous filing
28 Feb 2024
Next filing
13 May 2024
SEC
View on sec.gov

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 $584,400 +7,500 +8.8% $77.92 92,500 01 May 2024 Trustee F1
transaction NHC Shares of Common Stock held in BTCP Trust Tax liability $584,327 -6,350 -6.9% $92.02 86,150 01 May 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 -7,500 -100% $0.000000* 0 01 May 2024 Common Stock 7,500 $77.92 Direct F1
holding NHC Option to Purchase Common Stock [2020 Grant] 5,500 01 May 2024 Common Stock 5,500 $64.64 Direct
holding NHC Option to Purchase Common Stock [2021 Grant] 7,500 01 May 2024 Common Stock 7,500 $71.64 Direct
holding NHC Option to Purchase Common Stock [2022 Grant] 7,500 01 May 2024 Common Stock 7,500 $69.19 Direct
holding NHC Option to Purchase Common Stock [2023 Grant] 7,500 01 May 2024 Common Stock 7,500 $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.