Adams W Andrew - May 2, 2025 Form 4 Insider Report for NATIONAL HEALTHCARE CORP (NHC)

Role
Director
Signature
/s/ W. Andrew Adams
Stock symbol
NHC
Transactions as of
May 2, 2025
Transactions value $
$484,800
Form type
4
Date filed
5/6/2025, 05:16 PM
Previous filing
Oct 3, 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
ADAMS W ANDREW Director 100 VINE STREET, MURFREESBORO /s/ W. Andrew Adams 2025-05-06 0001012853

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHC Shares of Common Stock - Revocable Living Trust Options Exercise $485K +7.5K +2.86% $64.64 270K May 2, 2025 Direct F1
holding NHC Shares of Common Stock - WAA Exempt Trust 400K May 2, 2025 Direct
holding NHC Shares of Common Stock - Adams Family Foundation II 35.4K May 2, 2025 Trustee

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 [2020 Grant] Options Exercise $0 -7.5K -100% $0.00 0 May 2, 2025 Common Stock 7.5K $64.64 Direct F1
holding NHC Option to Purchase Common Stock [2021 Grant] 7.5K May 2, 2025 Common Stock 7.5K $71.64 Direct
holding NHC Option to Purchase Common Stock [2022 Grant] 7.5K May 2, 2025 Common Stock 7.5K $69.19 Direct
holding NHC Option to Purchase Common Stock [2023 Grant] 7.5K May 2, 2025 Common Stock 7.5K $55.75 Direct
holding NHC Option to Purchase Common Stock [2024 Grant] 7.5K May 2, 2025 Common Stock 7.5K $96.03 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 May 7, 2020. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d).