CYH director granted 52,023 restricted stock units
Hastings Joseph Arthur reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Hastings Joseph Arthur reported acquisition or exercise transactions in this Form 4 filing.
Community Health Systems director Joseph Arthur Hastings received a grant of 52,023 restricted stock units on Community Health Systems common stock. These units increase his directly held RSU balance to 221,492 units.
The RSUs vest in equal one-third installments on the first, second and third anniversaries of the grant date. According to the award terms, they will be settled in shares of common stock on a one-for-one basis upon his cessation as a director or on dates he previously specified. As of the reported date, he also held 10,792 shares of common stock directly and 6,338 shares indirectly through the Joanne L. Hastings Irrevocable Trust, where he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 52,023 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. These restricted stock units vest in 1/3 increments on the first, second and third anniversary of the date of grant. Based on the Reporting Person's prior deferral elections pursuant to the terms of the award agreement, these restricted stock units will be settled in shares of the Issuer's common stock on a one-for-one basis upon the Reporting Person's cessation as a director or upon a date or dates previously specified by the Reporting Person.
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