Filing Details

Accession Number:
0001209191-18-046608
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-14 16:21:54
Reporting Period:
2018-08-14
Accepted Time:
2018-08-14 16:21:54
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
1700942 C Benjamin Fordham 4000 Meridian Boulevard
Franklin TN 37210
Evp And General Counsel 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 2018-08-14 10,000 $3.16 120,629 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Performance Based Restricted $0.00 2020-03-01 2027-02-28 20,000 20,000 Direct
Common Stock Performance Based Restricted $0.00 2021-03-01 2028-02-28 35,000 35,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2027-02-28 20,000 20,000 Direct
2028-02-28 35,000 35,000 Direct
Footnotes
  1. These shares were purchased in a series of transactions at a weighted average sales price of approximately $3.156 per share.
  2. The vesting of these performance-based restricted shares is subject to the attainment of certain performance objectives between January 1, 2017 and December 31, 2019 (the "2017-2019 Performance Period"). The target number (100%) of the total performance-based restricted shares is reported in the table set forth above. Between 0% and 200% of the target number of performance-based restricted shares subject to the attainment of the applicable performance objectives will ultimately vest on the third anniversary of the date of grant, with the vesting percentage to be determined based upon achievement with respect to the applicable criteria during the 2017-2019 Performance Period.
  3. The vesting of these performance-based restricted shares is subject to the attainment of certain performance objectives between January 1, 2018 and December 31, 2020 (the "2018-2020 Performance Period"). The target number (100%) of the total performance-based restricted shares is reported in the table set forth above. Between 0% and 200% of the target number of performance-based restricted shares subject to the attainment of the applicable performance measures will ultimately vest on the third anniversary of the date of grant, with the vesting percentage to be determined based upon achievement with respect to the applicable criteria during the 2018-2020 Performance Period.