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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 3/15/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1766400 |
| Issuer Name: Pennant Group, Inc. |
| Issuer Trading Symbol: PNTG |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1777342 |
| | Owner Name: Gochnour John J |
| Reporting Owner Address: |
| | Owner Street 1: C/O THE PENNANT GROUP, INC. |
| | Owner Street 2: 1675 EAST RIVERSIDE DRIVE, SUITE 150 |
| | Owner City: EAGLE |
| | Owner State: ID |
| | Owner ZIP Code: 83616 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Operating Officer |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/15/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 10,700 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 18.425 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 119,250 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Stock Option (right to buy) |
| | Conversion or Exercise Price: |
| | | Value: 5.31 |
| | Transaction Date: |
| | | Value: 3/15/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 10,700 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 5.31 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 10/1/19 |
| | Expiration Date: |
| | | Value: 8/5/24 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 10,700 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 5,015 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Represents the exercise of an employee option that fully vested in 2019, first became exercisable on August 5, 2015, and expires on August 5, 2024 (to the extent not previously exercised). |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/ Kirk Cheney, as attorney in fact |
| Signature Date: 3/19/24 |
