Robert Z. Hensley - May 16, 2024 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 16, 2024
Transactions value $
$103,997
Form type
4
Date filed
5/17/2024, 04:20 PM
Previous filing
May 6, 2024
Next filing
Aug 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHCT Common Stock Award $104K +4.29K +7.16% $24.27 64.2K May 16, 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 elected to take 76.5% 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 2024 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 $24.27. 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.