Michael Ussery - 25 Feb 2022 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Role: President & COO
Signature: /s/ R. Michael Ussery
Issuer symbol: NHC
Transactions as of: 25 Feb 2022
Transactions value $: $0
Form type: 4
Filing time: 01 Mar 2022, 14:41:06 UTC
Previous filing: 23 Feb 2022
Next filing: 13 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NHC	Shares of Common Stock owned by myself & spouse	Award	$0	+4.5K	+3.07%	$0.00	151K	25 Feb 2022	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
holding	NHC	Option to Purchase Common Stock						40.5K	25 Feb 2022	Common Stock	40.5K	$72.94	Direct
holding	NHC	Option to Purchase Common Stock						12.7K	25 Feb 2022	Common Stock	12.7K	$63.96	Direct

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

Explanation of Responses:

Id	Content
F1	Grant of restricted shares that are subject to a three-year vesting schedule with the first 33 1/3% vesting on 1/1/2023, the next 33 1/3% vesting on 1/1/2024, and the final 33 1/3% vesting on 1/1/2025.