Pennant Group, Inc. — Director's Dealing 2020

Dec 23, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Pennant Group, Inc. (PNTG)
CIK: 0001766400
Period of Report: 2020-12-21

Reporting Person: Christensen Christopher R. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-21	Common Stock	S	700	$58.66	Disposed	617633	Indirect
2020-12-21	Common Stock	S	12854	$59.70	Disposed	604779	Indirect
2020-12-21	Common Stock	S	3018	$60.22	Disposed	601761	Indirect
2020-12-21	Common Stock	S	200	$61.65	Disposed	601561	Indirect
2020-12-22	Common Stock	S	3399	$59.03	Disposed	598162	Indirect
2020-12-22	Common Stock	S	3383	$59.73	Disposed	594779	Indirect
2020-12-22	Common Stock	S	5648	$60.99	Disposed	589131	Indirect
2020-12-23	Common Stock	S	15815	$59.94	Disposed	573316	Indirect
2020-12-23	Common Stock	S	3868	$60.32	Disposed	569448	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	150823	Direct

Footnotes

F1: This transaction was effected pursuant to a Rule 144 plan adopted on December 21, 2020.

F2: This transaction was executed in multiple trades at prices ranging from $58.00 to $58.99. The price above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares executed at each separate price.

F3: Of these shares, 569,448 shares are held by Hobble Creek Investments, LLC, of which Mr. Christensen is the sole member, 2,171 shares are held by Mr. Christensen's spouse, and 2,000 shares are held by Mr. Christensen's former spouse as custodian for their minor children under the California Uniform Transfers to Minors Act. Mr. Christensen's former spouse holds voting and investment power over the shares held for their children.

F4: This transaction was executed in multiple trades at prices ranging from $59.01 to $60.01. The price above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares executed at each separate price.

F5: This transaction was executed in multiple trades at prices ranging from $60.015 to $61.01. The price above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares executed at each separate price.

F6: This transaction was executed in multiple trades at prices ranging from $61.54 to $61.75. The price above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares executed at each separate price.

F7: This transaction was executed in multiple trades at prices ranging from $58.40 to $59.38. The price above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares executed at each separate price.

F8: This transaction was executed in multiple trades at prices ranging from $59.41 to $60.15. The price above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares executed at each separate price.

F9: This transaction was executed in multiple trades at prices ranging from $60.54 to $61.03. The price above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares executed at each separate price.

F10: This transaction was executed in multiple trades at prices ranging from $59.16 to $60.16. The price above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares executed at each separate price.

F11: This transaction was executed in multiple trades at prices ranging from $60.17 to $60.53. The price above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares executed at each separate price.