Timothy G. Wallace - Aug 12, 2021 Form 4 Insider Report for Community Healthcare Trust Inc (CHCT)

Role
Chairman, CEO and President, Director
Signature
/s/ Nathanael P. Kibler, Attorney-in-fact
Stock symbol
CHCT
Transactions as of
Aug 12, 2021
Transactions value $
$1,725,016
Form type
4
Date filed
8/16/2021, 04:10 PM
Previous filing
Jul 30, 2021
Next filing
Jan 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHCT Common Stock Award $1.73M +35K +4% $49.32 909K Aug 12, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 For 2021, the reporting person agreed to take 100% of his cash bonus in shares of restricted stock with an eight-year restriction period. Because the reporting person elected to take his bonus for 2021 in shares of restricted stock, the Company awarded Mr. Wallace additional compensation, in restricted stock, equal to his cash bonus. The price of the securities acquired by the reporting person is based on the average price of the Company's common stock for the 10 trading days immediately preceding August 12, 2021, which was $49.32. The number of securities issued is equal to the total cash bonus, including the additional compensation, divided by such price.