SEC Form 4 · accession 0001225208-15-006190
LEGACY LIFEPOINT HEALTH, INC. · LPNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S. Coggin
Officer — SVP & Chief Acctg. Officer
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 6:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001301611
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common | Feb 25, 2015 | M | 1,166 | $0.00 | A | 10,482 | D | |
| CommonF1 | Feb 25, 2015 | F | 319 | $70.96 | D | 10,163 | 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 UnitsF2 | $0.00 | Feb 25, 2015 | M | 1,166 | D | — | — | Common | 1,166 | 5,334 | D |
Explanation of responses
- F1Pursuant to the terms of the Company's 2013 Long-Term Incentive Plan, these shares were automatically withheld for payment of the tax liability incident to the vesting of a restricted stock award.
- F2Upon vesting, the Reporting Person is entitled to receive one share of Common Stock for each Restricted Stock Unit. The Restricted Stock Units vest in three equal installments in each of February 25, 2015, February 25, 2016 and February 25, 2017.