SEC Form 4 · accession 0001179110-15-010776
SELECT MEDICAL HOLDINGS CORP · SEM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S Chernow
Officer — Chief Executive Officer
Period of report
Jul 1, 2015
Accepted (ET)
Jul 2, 2015 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001320414
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 1, 2015 | M | 6,000 | $10.00 | A | 822,050 | D | |
| Common Stock | Jul 1, 2015 | S | 6,000 | $16.34 | D | 816,050 | D | |
| Common StockF2 | Jul 1, 2015 | S | 33,025 | $16.39 | D | 783,025 | 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 Option (right to buy)F3 | $10.00 | Jul 1, 2015 | M | 3,000 | D | — | Aug 19, 2018 | Common Stock | 3,000 | 0 | D |
| Non-Qualified Stock Option (right to buy)F4 | $10.00 | Jul 1, 2015 | M | 3,000 | D | — | Aug 11, 2019 | Common Stock | 3,000 | 0 | D |
Explanation of responses
- F1These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by David Chernow on November 6, 2014.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.31 to $16.43, inclusive. The reporting person undertakes to provide to Select Medical Holdings Corporation, any security holder of Select Medical Holdings Corporation, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- F3The Non-Qualified Stock Option vested in five equal annual installments beginning on August 20, 2009. The option was fully exercisable as of August 20, 2013.
- F4The Non-Qualified Stock Option vested in five equal annual installments beginning on August 12, 2010. The option was fully exercisable as of August 12, 2014.