SEC Form 4 · accession 0001047335-16-000193
NATIONAL HEALTHCARE CORP · NHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Lassiter
Officer — Sr. V.P., Corporate Affairs
Period of report
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 6:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001047335
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Shares of Common StockF1,F2 | Feb 22, 2016 | M | 2,141 | $46.69 | A | 0 | D | |
| Shares of Common StockF3 | Feb 22, 2016 | F | 1,623 | $61.56 | D | 33,204 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase Common Stock | $46.69 | Feb 22, 2016 | M | 2,141 | D | Dec 4, 2012 | Feb 29, 2016 | Common Stock | 2,141 | 0 | D |
Explanation of responses
- F1These stock options were granted pursuant to the NHC 2010 Omnibus Equity Incentive Plan on March 1,2011. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d).
- F2Transaction totaled on the line below
- F3Previously owned shares tendered to company to pay the exercise price.