Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CHCT | Common Stock | Award | $560K | +16.3K | +233.17% | $34.31 | 23.3K | Jun 15, 2023 | Direct | F1 |
Id | Content |
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F1 | For 2023, the reporting person agreed to take 100% of his salary in the form of shares of restricted stock with an eight-year restriction period. Because the reporting person elected to take his base salary for 2023 in these shares of restricted stock, the Company awarded Mr. Monroe additional compensation, in restricted stock, equal to his annual salary which, for 2023, is prorated from his start date of June 1, 2023. 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 June 15, 2023, which was $34.31. The number of securities issued is equal to the total salary, including the additional compensation, divided by such price. |