-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, U3t7EG8X5VysAvTVKuSptq4WvJ+x3+qPg41bxHIaBx3Qlu2Xqn02uNcaF+tOY9QS Gjm23LfB+yPbnH3yhFkJnQ== 0001209191-10-012626.txt : 20100226 0001209191-10-012626.hdr.sgml : 20100226 20100226164100 ACCESSION NUMBER: 0001209191-10-012626 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100224 FILED AS OF DATE: 20100226 DATE AS OF CHANGE: 20100226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SMITH WAYNE T CENTRAL INDEX KEY: 0001018660 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15925 FILM NUMBER: 10639984 MAIL ADDRESS: STREET 1: 500 WEST MAIN STREET CITY: LOUISVILLE STATE: KY ZIP: 40202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: COMMUNITY HEALTH SYSTEMS INC CENTRAL INDEX KEY: 0001108109 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-GENERAL MEDICAL & SURGICAL HOSPITALS, NEC [8062] IRS NUMBER: 133893191 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4000 MERIDIAN BOULEVARD CITY: FRANKLIN STATE: TN ZIP: 37067 BUSINESS PHONE: 615-465-7000 MAIL ADDRESS: STREET 1: 4000 MERIDIAN BOULEVARD CITY: FRANKLIN STATE: TN ZIP: 37067 FORMER COMPANY: FORMER CONFORMED NAME: COMMUNITY HEALTH SYSTEMS INC/ DATE OF NAME CHANGE: 20000229 4 1 doc4.xml FORM 4 SUBMISSION X0303 4 2010-02-24 0 0001108109 COMMUNITY HEALTH SYSTEMS INC CYH 0001018660 SMITH WAYNE T 4000 MERIDIAN BOULEVARD FRANKLIN TN 37067 1 1 0 0 Chairman, President & CEO Common Stock 2010-02-25 4 M 0 250000 0.00 A 907700 D Common Stock 2010-02-25 4 F 0 30375 33.48 D 877325 D Common Stock 2000 I Spouse Common Stock 79750 I by 2009 GRAT Common Stock 200000 I by 2010 GRAT Performance Based Restricted 0.00 2010-02-24 4 A 0 200000 0.00 A 2011-02-24 Common Stock 200000 200000 D Stock Options (Right to Buy) 33.90 2010-02-24 4 A 0 50000 0.00 A 2011-02-24 2020-02-24 Common Stock 50000 50000 D Performance Based Restricted 0.00 2010-02-25 4 M 0 250000 0.00 D 2010-02-25 Common Stock 250000 0 D Stock Options (Right to Buy) 18.18 2010-02-25 2019-02-25 Common Stock 50000 50000 D Stock Options (Right to Buy) 20.30 2004-05-22 2013-05-22 Common Stock 750000 750000 D Stock Options (Right to Buy) 32.37 2006-02-28 2013-02-28 Common Stock 100000 100000 D Stock Options (Right to Buy) 38.30 2007-03-01 2014-03-01 Common Stock 100000 100000 D Stock Options (Right to Buy) 37.21 2008-02-28 2015-02-28 Common Stock 100000 100000 D Stock Options (Right to Buy) 32.28 2009-02-27 2018-02-26 Common Stock 200000 200000 D Stock Options (Right to Buy) 40.41 2008-07-25 2015-07-25 Common Stock 500000 500000 D Each performance based restricted share represents a contingent right to receive one share of CYH common stock. There are two elements to the lapsing of the restriction; first, the Company must achieve specified targeted amount of earnings per share from continuing operations, or net revenue from continuing operations, and if the performance objective is met, the vesting restrictions will lapse in 1/3 increments on the first, second and third anniversary of the date of grant. If the objectives are not met, the shares will be forfeited. Vesting occurs in 1/3 increments on the first, second and third anniversary of the date of grant. The performance objectives governing these shares of Performance Based Restricted Stock have been met, and, accordingly, these shares will now be reported in Table 1 as directly owned shares of Restricted Stock. The restrictions lapse in 1/3 increments on the first, second and third anniversary of the date of grant. Rachel A. Seifert, Attorney in Fact for Wayne T. Smith 2010-02-26 -----END PRIVACY-ENHANCED MESSAGE-----