Hubert James Williams - 01 Mar 2024 Form 4 Insider Report for COMMUNITY HEALTH SYSTEMS INC (CYH)

Role: Director
Signature: Christopher G. Cobb, Attorney in Fact for Hubert James Williams
Issuer symbol: CYH
Transactions as of: 01 Mar 2024
Net transactions value: +$180,001
Form type: 4
Filing time: 01 Mar 2024, 19:53:31 UTC
Previous filing: 02 Mar 2023
Next filing: 03 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CYH	Common Stock	Options Exercise	$0	+5,894	+5.4%	$0.000000	114,956	01 Mar 2024	Direct	F1
transaction	CYH	Common Stock	Options Exercise	$0	+9,756	+8.5%	$0.000000	124,712	01 Mar 2024	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CYH	Restricted Stock Units	Options Exercise	$0	-5,894	-50%	$0.000000	5,894	01 Mar 2024	Common Stock	5,894	$0.000000	Direct	F2
transaction	CYH	Restricted Stock Units	Options Exercise	$0	-9,756	-33%	$0.000000	19,512	01 Mar 2024	Common Stock	9,756	$0.000000	Direct	F2
transaction	CYH	Restricted Stock Units	Award	$180,001	+62,718		$2.87	62,718	01 Mar 2024	Common Stock	62,718	$0.000000	Direct	F2
holding	CYH	Restricted Stock Units						34,483	01 Mar 2024	Common Stock	34,483	$0.000000	Direct	F3
holding	CYH	Restricted Stock Units						19,296	01 Mar 2024	Common Stock	19,296	$0.000000	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The security converts to common stock on a one-to-one basis.
F2	The restricted stock units vest in 1/3 increments on the first, second and third anniversary date of the date of the grant. Upon vesting, the Reporting Person will be issued that number of shares of common stock of the Company.
F3	These restricted stock units vested in 1/3 increments on the first, second and third anniversary of the date of grant. Based on the Reporting Person's prior deferral election pursuant to the terms of the award agreement, the Reporting Person will be issued that number of shares of common stock of the Company upon the Reporting Person's cessation as a director or upon a date specified by the Reporting Person.