Michael Ussery - 21 Nov 2023 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Role
President & COO
Signature
/s/ R. Michael Ussery
Issuer symbol
NHC
Transactions as of
21 Nov 2023
Transactions value $
$10
Form type
4
Date filed
24 Nov 2023, 13:59
Previous filing
09 Mar 2023
Next filing
03 Jan 2024
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 Options Exercise $271K +4.23K +2.83% $63.96 154K 21 Nov 2023 Direct F1
transaction NHC Shares of Common Stock owned by myself & spouse Tax liability -$271K -3.5K -2.27% $77.33 150K 21 Nov 2023 Direct F2, F3

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 NHC Option to Purchase Common Stock Options Exercise $0 -4.23K -33.33% $0.00 8.47K 21 Nov 2023 Common Stock 12.7K $63.96 Direct F1
holding NHC Option to Purchase Common Stock 13.5K 21 Nov 2023 Common Stock 13.5K $53.94 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These stock options were granted pursuant to the 2020 Omnibus Equity Incentive Plan on February 18, 2022. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d).
F2 Shares were withheld by the Company to pay the exercise price and withholding tax obligations.
F3 Total amount of shares beneficially owned following transactions reported on this form.