Robert Z. Hensley - May 19, 2023 Form 4 Insider Report for Community Healthcare Trust Inc (CHCT)

Role: Director
Signature: /s/ Nathanael P. Kibler, Attorney-in-fact
Stock symbol: CHCT
Transactions as of: May 19, 2023
Transactions value $: $79,998
Form type: 4
Date filed: 5/19/2023, 04:17 PM
Previous filing: May 8, 2023
Next filing: May 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHCT	Common Stock	Award	$80K	+2.26K	+4.24%	$35.46	55.5K	May 19, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	For 2023, the reporting person elected to take 71.4% of his Board retainer in the form of shares of restricted stock with a three-year restriction period. Because the reporting person elected to take his Board retainer for 2023 in shares of restricted stock in lieu of cash, the Company awarded him additional shares of restricted stock, equal to 60% of the value of the Board retainer. The price of the securities acquired by the reporting person with respect to the Board retainer is based upon the ten (10) day average stock price of the common stock, which is equal to $35.46. The number of securities issued is equal to the total value of the Board retainer plus the value of the additional shares divided by such 10-day average stock price.

Content

For 2023, the reporting person elected to take 71.4% of his Board retainer in the form of shares of restricted stock with a three-year restriction period. Because the reporting person elected to take his Board retainer for 2023 in shares of restricted stock in lieu of cash, the Company awarded him additional shares of restricted stock, equal to 60% of the value of the Board retainer. The price of the securities acquired by the reporting person with respect to the Board retainer is based upon the ten (10) day average stock price of the common stock, which is equal to $35.46. The number of securities issued is equal to the total value of the Board retainer plus the value of the additional shares divided by such 10-day average stock price.