SEC Form 4 · accession 0001140361-17-002188
Community Healthcare Trust Inc · CHCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W. Page Barnes
Officer — Executive Vice President & CFO
Period of report
Jan 13, 2017
Accepted (ET)
Jan 18, 2017 · 5:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001631569
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 13, 2017 | A | 18,596 | $23.05 | A | 88,046 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1For 2017, the reporting person agreed to take 100% of his salary in the form of shares of restricted stock with an eight-year restriction period. Because the reporting person elected to take his base salary for 2017 in these shares of restricted stock, the Company awarded Mr. Barnes additional compensation, in restricted stock, equal to his annual salary. The price of the securities acquired by the reporting person is based on the volume weighted average price of the Company's common stock for the 10 trading days immediately preceding January 13, 2017, which was $23.05. The number of securities issued is equal to the total salary, including the additional compensation, divided by such price.