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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 2/27/24 |
Issuer: |
| Issuer CIK: 1047335 |
| Issuer Name: NATIONAL HEALTHCARE CORP |
| Issuer Trading Symbol: NHC |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1012856 |
| | Owner Name: BURGESS ERNEST G III |
| 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 Director? Yes |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Shares of Common Stock held in BTCP Trust |
| | Transaction Date: |
| | | Value: 2/27/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2000 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 64.64 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 85,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Trustee |
Derivative Table: |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option to Purchase Common Stock |
| | Conversion or Exercise Price: |
| | | Value: 77.9200 |
| | Exercise Date: |
| | | Value: 5/9/19 |
| | Expiration Date: |
| | | Value: 5/8/24 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 7,500 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 7,500 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Option to Purchase Common Stock [2020 Grant] |
| | Conversion or Exercise Price: |
| | | Value: 64.64 |
| | Transaction Date: |
| | | Value: 2/27/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2000 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 5/7/21 |
| | Expiration Date: |
| | | Value: 5/6/25 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 7,500 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 5,500 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option to Purchase Common Stock [2021 Grant] |
| | Conversion or Exercise Price: |
| | | Value: 71.6400 |
| | Exercise Date: |
| | | Value: 5/6/22 |
| | Expiration Date: |
| | | Value: 5/5/26 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 7,500 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 7,500 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option to Purchase Common Stock [2022 Grant] |
| | Conversion or Exercise Price: |
| | | Value: 69.1900 |
| | Exercise Date: |
| | | Value: 5/5/23 |
| | Expiration Date: |
| | | Value: 5/4/27 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 7,500 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 7,500 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option to Purchase Common Stock [2023 Grant] |
| | Conversion or Exercise Price: |
| | | Value: 55.7500 |
| | Exercise Date: |
| | | Value: 5/4/24 |
| | Expiration Date: |
| | | Value: 5/3/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 7,500 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 7,500 |
| | 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 May 7, 2020. The grant and exercise of these stock options are exempt from Section 16(b) pursuant to Rule 16b-3(d). |
Owner Signature: |
| Signature Name: /s/ Ernest G. Burgess, III |
| Signature Date: 2/28/24 |