Filing Details

Accession Number:
0001209191-14-053866
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-08-21 18:18:20
Reporting Period:
2014-08-21
Filing Date:
2014-08-21
Accepted Time:
2014-08-21 17:18:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1108109 Community Health Systems Inc CYH Services-General Medical & Surgical Hospitals, Nec (8062) 133893191
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1217261 A Rachel Seifert 4000 Meridian Boulevard
Franklin TN 37067
Executive Vp And Secretary No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-08-21 7,500 $37.21 182,700 No 4 M Direct
Common Stock Acquisiton 2014-08-21 20,000 $40.41 202,700 No 4 M Direct
Common Stock Disposition 2014-08-21 40,000 $51.44 162,700 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options (Right to Buy) Disposition 2014-08-21 7,500 $0.00 7,500 $37.21
Common Stock Stock Options (Right to Buy) Disposition 2014-08-21 20,000 $0.00 20,000 $40.41
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2008-02-28 2015-02-27 No 4 M Direct
0 2008-07-25 2015-07-24 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options (Right to Buy) $32.28 2009-02-27 2018-02-26 10,000 10,000 Direct
Common Stock Stock Options (Right to Buy) $18.18 2010-02-25 2019-02-24 7,500 7,500 Direct
Common Stock Stock Options (Right to Buy) $33.90 2011-02-24 2020-02-23 7,500 7,500 Direct
Common Stock Stock Options (Right to Buy) $37.96 2012-02-23 2021-02-22 7,500 7,500 Direct
Common Stock Stock Options (Right to Buy) $21.07 2013-02-16 2022-02-15 7,500 7,500 Direct
Common Stock Performance Based Restricted $0.00 2015-03-01 2024-02-29 50,000 50,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-02-26 10,000 10,000 Direct
2019-02-24 7,500 7,500 Direct
2020-02-23 7,500 7,500 Direct
2021-02-22 7,500 7,500 Direct
2022-02-15 7,500 7,500 Direct
2024-02-29 50,000 50,000 Direct
Footnotes
  1. The shares were sold in a series of transactions at a weighted average price of $51.4362 per share.
  2. Each performance based restricted share represents a contingent right to receive one share of CYH common stock. The lapsing of the restrictions is dependent on the Company meeting certain cost savings ("synergies") from the Health Management Associates, Inc. merger transaction. The performance target may be met in part in the first year or in whole or in part over the first two years. There is also a time vesting element to the maximum targets of the award. If the objectives are not met, the shares will be forfeited.