0001209191-12-013038.txt : 20120224
0001209191-12-013038.hdr.sgml : 20120224
20120224183730
ACCESSION NUMBER: 0001209191-12-013038
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120223
FILED AS OF DATE: 20120224
DATE AS OF CHANGE: 20120224
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PORTACCI MICHAEL T
CENTRAL INDEX KEY: 0001217259
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15925
FILM NUMBER: 12639651
MAIL ADDRESS:
STREET 1: 4000 MERIDIAN BOULEVARD
CITY: FRANKLIN
STATE: TN
ZIP: 37067
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
X0304
4
2012-02-23
0
0001108109
COMMUNITY HEALTH SYSTEMS INC
CYH
0001217259
PORTACCI MICHAEL T
4000 MERIDIAN BOULEVARD
FRANKLIN
TN
37067
0
1
0
0
Division President
Common Stock
2012-02-23
4
M
0
40000
0.00
A
169397
D
Common Stock
2012-02-23
4
F
0
4860
24.69
D
164537
D
Performance Based Restricted
0.00
2012-02-23
4
M
0
40000
0.00
D
2012-02-23
2021-02-22
Common Stock
40000
0
D
Stock Options (Right to Buy)
20.30
2004-05-22
2013-05-22
Common Stock
50000
50000
D
Stock Options (Right to Buy)
32.37
2006-02-28
2013-02-28
Common Stock
30000
30000
D
Stock Options (Right to Buy)
38.30
2007-03-01
2014-03-01
Common Stock
20000
20000
D
Stock Options (Right to Buy)
37.21
2008-02-28
2015-02-28
Common Stock
10000
10000
D
Stock Options (Right to Buy)
40.41
2008-07-25
2017-07-24
Common Stock
100000
100000
D
Stock Options (Right to Buy)
32.28
2009-02-27
2018-02-26
Common Stock
20000
20000
D
Stock Options (Right to Buy)
18.18
2010-02-25
2019-02-24
Common Stock
10000
10000
D
Stock Options (Right to Buy)
33.90
2011-02-24
2020-02-23
Common Stock
10000
10000
D
Stock Options (Right to Buy)
37.96
2012-02-23
2021-02-22
Common Stock
10000
10000
D
Performance Based Restricted
0.00
2013-02-16
2022-02-15
Common Stock
20000
20000
D
Stock Options (Right to Buy)
20.17
2013-02-16
2022-02-15
Common Stock
8000
8000
D
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.
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.
Christopher G. Cobb, Attorney in Fact for Michael T. Portacci
2012-02-24