Timothy L. Meyer - Jan 12, 2024 Form 4 Insider Report for Community Healthcare Trust Inc (CHCT)

Role
EVP - Asset Management
Signature
/s/ Nathanael P. Kibler, Attorney-in-fact
Stock symbol
CHCT
Transactions as of
Jan 12, 2024
Transactions value $
$349,769
Form type
4
Date filed
1/12/2024, 04:18 PM
Previous filing
Jan 4, 2024
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHCT Common Stock Award $350K +13.4K +9.54% $26.04 154K Jan 12, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 For 2024, the reporting person agreed to take 50% of his salary in shares of restricted stock with an eight-year restriction period. Because the reporting person elected to take 50% of his base salary for 2024 in shares of restricted stock, the Company awarded Mr. Meyer additional compensation, in restricted stock, equal to 50% of 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 12, 2024, which was $26.04. The number of securities issued is equal to 50% of the total salary, plus the additional shares awarded, divided by such price.