SEC Form 4 · accession 0001209191-15-020502
COMMUNITY HEALTH SYSTEMS INC · CYH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Mitchell Watson Jr.
Director
Period of report
Feb 27, 2015
Accepted (ET)
Mar 2, 2015 · 7:24 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 StockF1 | Feb 27, 2015 | M | 1,199 | $0.00 | A | 11,833 | D | |
| Common StockF1 | Mar 1, 2015 | M | 1,205 | $0.00 | A | 13,038 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units | $0.00 | Feb 27, 2015 | M | 1,199 | D | Feb 27, 2014 | Feb 26, 2023 | Common Stock | 1,199 | 1,198 | D |
| Restricted Stock Units | $0.00 | Mar 1, 2015 | M | 1,205 | D | Mar 1, 2015 | Feb 29, 2024 | Common Stock | 1,205 | 2,409 | D |
| Restricted Stock UnitsF1,F2 | $0.00 | Mar 1, 2015 | A | 3,504 | A | Mar 1, 2016 | Feb 28, 2025 | Common Stock | 3,504 | 3,504 | D |
| Stock Units (SU)F3 | $0.00 | holding | — | — | — | — | — | Common Stock | 10,260 | 10,260 | D |
Explanation of responses
- F1The security converts to common stock on a one-to-one basis.
- F2The Restricted Stock Units vest in 1/3 increments on the first, second and third anniversary date of the date of grant. Upon vesting, the Reporting Person will be issued that number of shares of the Common Stock of the Company.
- F3The Stock Units were accrued under the Company's Directors' Fees' Deferral Plan and are settled 100% in the Company's common stock upon cessation as a director or upon a date specified by the director.