SEC Form 4 · accession 0001225208-16-027667
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 19, 2016
Accepted (ET)
Feb 23, 2016 · 6:47 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 |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Feb 19, 2016 | M | 1,334 | $0.00 | A | 11,410 | D | |
| CommonF2 | Feb 19, 2016 | F | 426 | $61.17 | D | 10,984 | 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 UnitsF1,F3 | — | Feb 19, 2016 | M | 1,334 | D | — | — | Common | 1,334 | 0 | D |
Explanation of responses
- F1Upon vesting, the Reporting Person is entitled to receive one share of Common Stock for each Restricted Stock Unit.
- F2Pursuant to the terms of the Company's 1998 Long-Term Incentive Plan, these shares were automatically withheld for payment of the tax liability incident to the vesting of a restricted stock award.
- F3Upon 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 19, 2014, February 19, 2015 and February 19, 2016.