ADAMS W ANDREW - 07 May 2024 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Role
Director
Signature
/s/ W. Andrew Adams
Issuer symbol
NHC
Transactions as of
07 May 2024
Net transactions value
+$584,400
Form type
4
Filing time
09 May 2024, 18:05:22 UTC
Previous filing
27 Feb 2024
Next filing
13 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHC Shares of Common Stock - Revocable Living Trust Options Exercise $584,400 +7,500 +2.9% $77.92 262,072 07 May 2024 Direct F1
holding NHC Shares of Common Stock - WAA Exempt Trust 399,929 07 May 2024 Direct
holding NHC Shares of Common Stock - Adams Family Foundation II 35,407 07 May 2024 Trustee
holding NHC Shares of Common Stock - Adams Grandchildren's Trust 2,307 07 May 2024 Trustee

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 07 May 2024 Common Stock 7,500 $77.92 Direct F1
holding NHC Option to Purchase Common Stock [2020 Grant] 7,500 07 May 2024 Common Stock 7,500 $64.64 Direct
holding NHC Option to Purchase Common Stock [2021 Grant] 7,500 07 May 2024 Common Stock 7,500 $71.64 Direct
holding NHC Option to Purchase Common Stock [2022 Grant] 7,500 07 May 2024 Common Stock 7,500 $69.19 Direct
holding NHC Option to Purchase Common Stock [2023 Grant] 7,500 07 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).