SEC Form 4 · accession 0001209191-17-033246
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
May 16, 2017
Accepted (ET)
May 17, 2017 · 5:15 pm EDT
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 | May 16, 2017 | M | 1,429 | $0.00 | A | 13,605 | D | |
| Common StockF1 | May 16, 2017 | M | 8,989 | $0.00 | A | 22,594 | 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 | May 16, 2017 | M | 1,429 | D | Mar 1, 2016 | Feb 28, 2025 | Common Stock | 1,429 | 0 | D |
| Restricted Stock Units | $0.00 | May 16, 2017 | M | 8,989 | D | Mar 1, 2017 | Feb 28, 2026 | Common Stock | 8,989 | 0 | D |
| Stock Units (SU)F2 | $0.00 | holding | — | — | — | — | — | Common Stock | 15,072 | 15,072 | D |
Explanation of responses
- F1Pursuant to the terms of the Company's 2009 Stock Option and Award Plan, the Reporting Person's unvested Restricted Stock Units converted to common stock on a one-to-one basis upon the Reporting Person's cessation as a director, effective May 16, 2017.
- F2The Stock Units were accrued under the Company's Directors' Fees Deferral Plan in lieu of a portion of the Reporting Person's Director Fees and are settled 100% in the Company's common stock on the last business day of the calendar quarter following cessation as a director or upon a date specified by the Reporting Person.