Timothy G. Wallace - Jan 14, 2022 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
Jan 14, 2022
Transactions value $
$1,588,415
Form type
4
Date filed
1/18/2022, 04:56 PM
Previous filing
Aug 16, 2021
Next filing
Aug 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHCT Common Stock Disposed to Issuer $1.59M +33.7K +3.71% $47.12 942K Jan 14, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 For 2022, the reporting person agreed to take 100% of his salary in shares of restricted stock with an eight-year restriction period. Because the reporting person elected to take his base salary for 2022 in shares of restricted stock, the Company awarded Mr. Wallace additional compensation, in restricted stock, equal to his annual salary. 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 January 14, 2022, which was $47.12. The number of securities issued is equal to the total salary, including the additional compensation, divided by such price.