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COMMUNITY HEALTH SYSTEMS INC — Director's Dealing 2014
Feb 19, 2014
32948_dirs_2014-02-19_0f58e108-d4f2-45be-974d-96557d57fb6d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: COMMUNITY HEALTH SYSTEMS INC (CYH)
CIK: 0001108109
Period of Report: 2014-02-16
Reporting Person: Miller Thomas Daniel (Division President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-16 | Common Stock | F | 1873 | $41.20 | Disposed | 44001 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $37.96 | 2021-02-22 | Common Stock (10000) | 10000 | Direct |
| Stock Options (Right to Buy) | $21.07 | 2022-02-15 | Common Stock (8000) | 8000 | Direct |
| Performance Based Restricted | $0.00 | 2023-02-26 | Common Stock (25000) | 25000 | Direct |
Footnotes
F1: Each performance based restricted share represents a contingent right to receive one share of CYH common stock. There are two elements to the lapsing of the restriction; first, the Company must achieve specified targeted amount of earnings per share from continuing operations, or net revenue from continuing operations, and if the performance objective is met, the vesting restrictions will lapse in 1/3 increments on the first, second and third anniversary of the date of grant. If the objectives are not met, the shares will be forfeited.