0001209191-12-013042.txt : 20120224 0001209191-12-013042.hdr.sgml : 20120224 20120224184047 ACCESSION NUMBER: 0001209191-12-013042 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: SMITH WAYNE T CENTRAL INDEX KEY: 0001018660 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15925 FILM NUMBER: 12639671 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 X0304 4 2012-02-23 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 2012-02-23 4 M 0 200000 0.00 A 1079677 D Common Stock 2012-02-23 4 F 0 24300 24.69 D 1055377 D Common Stock 102000 I Spouse Common Stock 51059 I by 2009 WTS Irrevocable Trust Dated 2/27/09 Common Stock 307383 I 2011 GRAT No. 2 Performance Based Restricted 0.00 2012-02-23 4 M 0 200000 0.00 D 2012-02-23 2021-02-22 Common Stock 200000 0 D Stock Options (Right to Buy) 20.30 2004-05-22 2013-05-22 Common Stock 500000 500000 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) 40.41 2008-07-25 2017-07-24 Common Stock 500000 500000 D Stock Options (Right to Buy) 32.28 2009-02-27 2018-02-26 Common Stock 200000 200000 D Stock Options (Right to Buy) 18.18 2010-02-25 2019-02-24 Common Stock 50000 50000 D Stock Options (Right to Buy) 33.90 2011-02-24 2020-02-23 Common Stock 50000 50000 D Stock Options (Right to Buy) 37.96 2012-02-23 2021-02-22 Common Stock 50000 50000 D Performance Based Restricted 0.00 2013-02-16 2022-02-15 Common Stock 100000 100000 D Stock Options (Right to Buy) 20.17 2013-02-16 2022-02-15 Common Stock 40000 40000 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 Wayne T. Smith 2012-02-24