SEC Form 4 · accession 0001225208-16-028353
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 23, 2016
Accepted (ET)
Feb 25, 2016 · 7:41 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 24, 2016 | M | 1,000 | $0.00 | A | 11,984 | D | |
| CommonF1 | Feb 24, 2016 | F | 265 | $63.43 | D | 11,719 | D | |
| Common | Feb 25, 2016 | M | 1,166 | $0.00 | A | 12,885 | D | |
| CommonF1 | Feb 25, 2016 | F | 319 | $62.44 | D | 12,566 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Options (Right to buy)F2 | $64.22 | Feb 23, 2016 | A | 10,768 | A | — | Feb 23, 2026 | Common | 10,768 | 10,768 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Feb 23, 2016 | A | 2,907 | A | — | — | Common | 2,907 | 8,241 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Feb 24, 2016 | M | 1,000 | D | — | — | Common | 1,000 | 7,241 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Feb 25, 2016 | M | 1,166 | D | — | — | Common | 1,166 | 6,075 | 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.
- F2The options vest in three equal installments beginning on the first anniversary of the date of grant.
- F3Upon vesting, the Reporting Person is entitled to receive one share of Common Stock for each Restricted Stock Unit.
- F4Upon 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 annual installments beginning on the first anniversary of the date of grant.