SEC Form 4 · accession 0001225208-16-027668
LEGACY LIFEPOINT HEALTH, INC. · LPNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Dill
Officer — President and Chief Operating
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 | 50,000 | $0.00 | A | 208,705 | D | |
| CommonF2 | Feb 19, 2016 | F | 18,590 | $61.17 | D | 190,115 | D | |
| Common | holding | — | — | — | 6,350 | I | By Custodian For Child | |
| Common | holding | — | — | — | 758 | I | By Retirement Plan |
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 | 50,000 | D | — | — | Common | 50,000 | 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.
- F3Vesting of these Restricted Stock Units was conditioned upon (i) the Reporting Person's continued employment with the Company through February 19, 2016; and (ii) achievement in fiscal year 2013, 2014 or 2015 of either Net Revenue of $3,704,800,000 or EBITDA of $561,200,000.