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CYH Community Health Systems Inc

3.30
0.00 (0.00%)
Pre Market
Last Updated: 09:03:22
Delayed by 15 minutes
Share Name Share Symbol Market Type
Community Health Systems Inc NYSE:CYH NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.30 0 09:03:22

Statement of Changes in Beneficial Ownership (4)

02/03/2020 11:40pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Krishnan K Ranga
2. Issuer Name and Ticker or Trading Symbol

COMMUNITY HEALTH SYSTEMS INC [ CYH ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

4000 MERIDIAN BOULEVARD
3. Date of Earliest Transaction (MM/DD/YYYY)

3/1/2020
(Street)

FRANKLIN, TN 37067
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 3/1/2020  M  12373 A$0.00 (1)24746 D  
Common Stock 3/1/2020  M  11356 A$0.00 (1)36102 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units $0.00 3/1/2020  M     12373  3/1/2019 2/28/2028 Common Stock 12373 $0.00 12372 D  
Restricted Stock Units $0.00 3/1/2020  M     11356  3/1/2020 2/28/2029 Common Stock 11356 $0.00 22712 D  
Restricted Stock Units $0.00 3/1/2020  A   34483    3/1/2021 (2)2/28/2030 Common Stock 34483 $4.93 (1)34483 D  
Stock Units (SU) $0.00            (3) (3)Common Stock 37957.011  37957.011 D  

Explanation of Responses:
(1) The security converts to common stock on a one-to-one basis.
(2) The Restricted Stock Units vest in 1/3 increments on the first, second and third anniversary date of the date of grant. Based on the Reporting Peron's prior deferral election pursuant to the terms of the award agreement, the Reporting Person will be issued that number of shares of the Common Stock of the Company upon the Reporting Person's cessation as a director or upon a date specified by the Reporting Person.
(3) 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Krishnan K Ranga
4000 MERIDIAN BOULEVARD
FRANKLIN, TN 37067
X



Signatures
Christopher G. Cobb, Attorney in Fact for K Ranga Krishnana3/2/2020
**Signature of Reporting PersonDate

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