SEC Form 4 · accession 0001209191-15-020485
COMMUNITY HEALTH SYSTEMS INC · CYH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin J Hammons
Officer — Senior VP and CAO
Period of report
Feb 27, 2015
Accepted (ET)
Mar 2, 2015 · 7:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001108109
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 27, 2015 | F | 2,098 | $48.52 | D | 30,769 | D | |
| Common Stock | Mar 1, 2015 | M | 6,666 | $0.00 | A | 37,435 | D | |
| Common Stock | Mar 1, 2015 | A | 25,000 | $0.00 | A | 62,435 | D | |
| Common Stock | Mar 1, 2015 | F | 5,594 | $48.52 | D | 56,841 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Based RestrictedF1 | $0.00 | Mar 1, 2015 | M | 6,667 | D | — | — | Common Stock | 6,666 | 13,334 | D |
| Stock Options (Right to Buy) | $40.41 | holding | — | — | — | Jul 25, 2008 | Jul 24, 2015 | Common Stock | 8,000 | 8,000 | D |
| Stock Options (Right to Buy) | $32.28 | holding | — | — | — | Feb 27, 2009 | Feb 26, 2018 | Common Stock | 1,500 | 1,500 | D |
| Stock Options (Right to Buy) | $33.90 | holding | — | — | — | Feb 24, 2011 | Feb 23, 2020 | Common Stock | 1,000 | 1,000 | D |
| Stock Options (Right to Buy) | $37.96 | holding | — | — | — | Feb 23, 2012 | Feb 22, 2021 | Common Stock | 1,000 | 1,000 | D |
| Stock Options (Right to Buy) | $21.07 | holding | — | — | — | Feb 16, 2013 | Feb 15, 2022 | Common Stock | 4,000 | 4,000 | D |
Explanation of responses
- F1The performance objectives governing these shares of Performance Based Restricted Stock have been met, and, accordingly, these shares will now be reported in Table 1 as directly owned shares of Restricted Stock. The restrictions lapse in 1/3 increments on the first, second and third anniversary of the date of grant.