SEC Form 4 · accession 0001225208-17-011071
LEGACY LIFEPOINT HEALTH, INC. · LPNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P Bumpus
Officer — EVP, Chief Admin. Officer
Period of report
Jun 6, 2017
Accepted (ET)
Jun 8, 2017 · 7:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001301611
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $62.50 | Jun 6, 2017 | A | 11,852 | A | — | Jun 6, 2027 | Common | 11,852 | 11,852 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Jun 6, 2017 | A | 3,200 | A | — | — | Common | 3,200 | 21,728 | D |
Explanation of responses
- F1The options vest in four equal installments beginning on the first anniversary of the date of grant.
- F2Upon vesting, the Reporting Person is entitled to receive up to two shares of Common Stock for each Restricted Stock Unit.
- F3The Performance Period with respect to these restricted stock units (RSUs) is January 1, 2017 through December 31, 2019. Each RSU represents the right to receive, upon vesting, up to two shares of the Issuer's common stock. Vesting of these performance-based RSUs is contingent on criteria such as (i) the Issuer's diluted earnings per share during the Performance Period; and (ii) the Issuer's three-year annualized total shareholder return or TSR as of December 31, 2019 relative to the S&P GICS Sub-industry: Health Care Facilities with over $500 million in revenues, or its equivalent.
Remarks
bumpuspoa.txt