SEC Form 4 · accession 0001225208-18-004658
LEGACY LIFEPOINT HEALTH, INC. · LPNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S. Coggin
Officer — EVP & CFO
Period of report
Sep 13, 2017
Accepted (ET)
Feb 28, 2018 · 6:03 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 | Sep 13, 2017 | M | 1,433 | $0.00 | A | 15,780 | D | |
| CommonF1 | Sep 13, 2017 | F | 571 | $56.40 | D | 15,209 | D | |
| Common | Feb 23, 2018 | M | 969 | $0.00 | A | 16,178 | D | |
| Common | Feb 24, 2018 | M | 1,000 | $0.00 | A | 17,178 | D | |
| CommonF1 | Feb 26, 2018 | F | 830 | $42.75 | D | 16,348 | 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 | Sep 13, 2017 | M | 1,433 | D | — | — | Common | 1,433 | 5,806 | D |
| Restricted Stock UnitsF2 | $0.00 | Feb 23, 2018 | M | 969 | D | — | — | Common | 969 | 4,837 | D |
| Restricted Stock UnitsF2 | $0.00 | Feb 24, 2018 | M | 1,000 | D | — | — | Common | 1,000 | 3,837 | 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 annual installments beginning on the first anniversary of the date of grant.