0001209191-16-104471.txt : 20160302
0001209191-16-104471.hdr.sgml : 20160302
20160302162342
ACCESSION NUMBER: 0001209191-16-104471
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160301
FILED AS OF DATE: 20160302
DATE AS OF CHANGE: 20160302
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SEIFERT RACHEL A
CENTRAL INDEX KEY: 0001217261
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15925
FILM NUMBER: 161477372
MAIL ADDRESS:
STREET 1: 4000 MERIDIAN BOULEVARD
CITY: FRANKLIN
STATE: TN
ZIP: 37067
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-03-01
0
0001108109
COMMUNITY HEALTH SYSTEMS INC
CYH
0001217261
SEIFERT RACHEL A
4000 MERIDIAN BOULEVARD
FRANKLIN
TN
37067
0
1
0
0
Executive VP and Secretary
Common Stock
2016-03-01
4
M
0
35000
0.00
A
199833
D
Common Stock
2016-03-01
4
M
0
33334
0.00
A
233167
D
Common Stock
2016-03-01
4
F
0
10970
15.43
D
222197
D
Common Stock
2016-03-01
4
A
0
35000
0.00
A
257197
D
Performance Based Restricted
0.00
2016-03-01
4
M
0
35000
0.00
D
2016-03-01
2025-02-28
Common Stock
35000
0
D
Performance Based Restricted
0.00
2016-03-01
4
M
0
33334
0.00
D
Common Stock
33334
0
D
Stock Options (Right to Buy)
32.28
2009-02-27
2018-02-26
Common Stock
10000
10000
D
Stock Options (Right to Buy)
18.18
2010-02-25
2019-02-24
Common Stock
2500
2500
D
Stock Options (Right to Buy)
33.90
2011-02-24
2020-02-23
Common Stock
7500
7500
D
Stock Options (Right to Buy)
37.96
2012-02-23
2021-02-22
Common Stock
7500
7500
D
Stock Options (Right to Buy)
21.07
2013-02-16
2022-02-15
Common Stock
7500
7500
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 time-vesting restrictions lapse in 1/3 increments on the first, second and third anniversary of the date of grant.
Pursuant to the terms governing the award, the Company has achieved the cost savings ("synergies") from the Health Management Associates, Inc. ("HMA") merger transaction that were required to be achieved during the first two years following the HMA merger transaction, and, accordingly, the performance-based restrictions on the remaining portion of the award have lapsed as of the second anniversary of the date of grant. All such shares will now be reported on Table 1 as directly owned shares of Restricted Stock. There is also a time-vesting element. The time-vesting restrictions lapse in equal installments on the second and third anniversary of the date of grant.
Christopher G. Cobb, Attorney in Fact for Rachel A. Seifert
2016-03-02