Leigh Ann Stach - 12 Jan 2024 Form 4 Insider Report for Community Healthcare Trust Inc (CHCT)

Signature
/s/ Nathanael P. Kibler, Attorney-in-fact
Issuer symbol
CHCT
Transactions as of
12 Jan 2024
Net transactions value
+$298,757
Form type
4
Filing time
12 Jan 2024, 16:19:15 UTC
Previous filing
04 Jan 2024
Next filing
17 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHCT Common Stock Award $298,757 +11,473 +3.2% $26.04 375,592 12 Jan 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 her salary in shares of restricted stock with a three-year restriction period. Because the reporting person elected to take 50% of her base salary for 2024 in shares of restricted stock, the Company awarded Ms. Stach additional compensation, in restricted stock, equal to 15% of her 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.