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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 3/12/24 |
Issuer: |
| Issuer CIK: 1047335 |
| Issuer Name: NATIONAL HEALTHCARE CORP |
| Issuer Trading Symbol: NHC |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1313364 |
| | Owner Name: Ussery Robert Michael |
| Reporting Owner Address: |
| | Owner Street 1: 100 VINE STREET |
| | Owner Street 2: |
| | Owner City: MURFREESBORO |
| | Owner State: TN |
| | Owner ZIP Code: 37130 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Officer? Yes |
| | Officer Title: President & COO |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Shares of Common Stock owned by myself & spouse |
| | Transaction Date: |
| | | Value: 3/12/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 4,500 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 53.94 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 157,609 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Shares of Common Stock owned by myself & spouse |
| | Transaction Date: |
| | | Value: 3/12/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,257 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 96.48 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 154,352 |
| Footnote ID: F3 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option to Purchase Common Stock |
| | Conversion or Exercise Price: |
| | | Value: 63.9600 |
| | Exercise Date: |
| | | Value: 2/18/23 |
| | Expiration Date: |
| | | Value: 2/18/27 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 4,234 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 4,234 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Option to Purchase Common Stock |
| | Conversion or Exercise Price: |
| | | Value: 53.94 |
| | Transaction Date: |
| | | Value: 3/12/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 4,500 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 3/8/24 |
| | Expiration Date: |
| | | Value: 3/8/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 13,500 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 9,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option to Purchase Common Stock |
| | Conversion or Exercise Price: |
| | | Value: 94.1000 |
| | Exercise Date: |
| | | Value: 3/5/25 |
| | Expiration Date: |
| | | Value: 3/5/29 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 13,500 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 13,500 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: These stock options were granted pursuant to the 2020 Omnibus Equity Incentive Plan on March 8, 2023. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d). |
| Footnote - F2: Shares were withheld by the Company to pay the exercise price and withholding tax obligations. |
| Footnote - F3: Total amount of shares beneficially owned following transactions reported on this form. |
Owner Signature: |
| Signature Name: /s/ R. Michael Ussery |
| Signature Date: 3/14/24 |