K. Ranga Krishnan - Mar 1, 2023 Form 4 Insider Report for COMMUNITY HEALTH SYSTEMS INC (CYH)

Role: Director
Signature: Christopher G. Cobb, Attorney in Fact for K. Ranga Krishnan
Stock symbol: CYH
Transactions as of: Mar 1, 2023
Transactions value $: $179,998
Form type: 4
Date filed: 3/2/2023, 03:22 PM
Previous filing: Jan 3, 2023
Next filing: Mar 31, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CYH	Common Stock						109K	Mar 1, 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CYH	Restricted Stock Units	Award	$180K	+29.3K	$6.15	29.3K	Mar 1, 2023	Common Stock	29.3K	$0.00	Direct	F1
holding	CYH	Restricted Stock Units					34.5K	Mar 1, 2023	Common Stock	34.5K	$0.00	Direct	F1
holding	CYH	Restricted Stock Units					19.3K	Mar 1, 2023	Common Stock	19.3K	$0.00	Direct	F1
holding	CYH	Restricted Stock Units					17.7K	Mar 1, 2023	Common Stock	17.7K	$0.00	Direct	F1
holding	CYH	Stock Units (SU)					34K	Mar 1, 2023	Common Stock	34K	$0.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The 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 election pursuant to the terms of the award agreement, the Reporting Person will be issued that number of shares of common stock of the Company upon the Reporting Person's cessation as a director or upon a date specified by the Reporting Person.
F2	The Stock Units were accrued under the Company's Directors' Fees Deferral Plan in lieu of a portion of the Reporting Person's Director Fees and are settled 100% in the Company's common stock on the last business day of the calendar quarter following cessation as a director or upon a date specified by the Reporting Person.

Content

The 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 election pursuant to the terms of the award agreement, the Reporting Person will be issued that number of shares of common stock of the Company upon the Reporting Person's cessation as a director or upon a date specified by the Reporting Person.

The Stock Units were accrued under the Company's Directors' Fees Deferral Plan in lieu of a portion of the Reporting Person's Director Fees and are settled 100% in the Company's common stock on the last business day of the calendar quarter following cessation as a director or upon a date specified by the Reporting Person.