William G. Monroe IV - Jun 15, 2023 Form 4 Insider Report for Community Healthcare Trust Inc (CHCT)

Signature
/s/ Nathanael P. Kibler, Attorney-in-fact
Stock symbol
CHCT
Transactions as of
Jun 15, 2023
Transactions value $
$560,008
Form type
4
Date filed
6/15/2023, 04:15 PM
Previous filing
Jun 1, 2023
Next filing
Jul 28, 2023

Transactions Table

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
* 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 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.