Timothy J. Shelly - 24 Feb 2025 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Signature
/s/ Timothy J. Shelly
Issuer symbol
NHC
Transactions as of
24 Feb 2025
Net transactions value
$0
Form type
4
Filing time
26 Feb 2025, 17:36:00 UTC
Previous filing
06 Jan 2025
Next filing
13 Nov 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NHC Shares of Common Stock in my name and/or my spouse's name 0 24 Feb 2025 Direct

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 Award $0 +11,000 $0.000000 11,000 24 Feb 2025 Common Stock 11,000 $90.62 Direct F1, F2
holding NHC Option to Purchase Common Stock 2,400 24 Feb 2025 Common Stock 2,400 $63.96 Direct
holding NHC Option to Purchase Common Stock 7,200 24 Feb 2025 Common Stock 7,200 $53.94 Direct
holding NHC Option to Purchase Common Stock 8,000 24 Feb 2025 Common Stock 8,000 $94.10 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 24, 2025. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d).
F2 These stock options will become vested and exercisable ratably over three (3) years so that one-third (1/3) will vest on February 24, 2026; one-third (1/3) will vest on February 24, 2027; and the final one-third (1/3) will vest on February 24, 2028.