Sec Form 4 Filing - Chen Tian Qiao @ COMMUNITY HEALTH SYSTEMS INC - 2020-11-10

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Chen Tian Qiao
2. Issuer Name and Ticker or Trading Symbol
COMMUNITY HEALTH SYSTEMS INC [ CYH]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
2735 SAND HILL ROAD, #140
3. Date of Earliest Transaction (MM/DD/YY)
11/10/2020
(Street)
MENLO PARK, CA94025
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 11/10/2020 S 643,567 D $ 10.027 26,840,906 I See footnote ( 1 )
Common Stock 11/11/2020 S 88,029 D $ 9.1756 26,752,877 I See footnote ( 1 )
Common Stock 11/12/2020 S 4,268,404 D $ 8.0128 ( 2 ) 22,484,473 I See footnote ( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chen Tian Qiao
2735 SAND HILL ROAD
#140
MENLO PARK, CA94025
X
SHANDA ASSET MANAGEMENT HOLDINGS Ltd
391B ORCHARD ROAD #16-05
NGEE ANN CITY TOWER B
SINGAPORE, U0238874
X
Shanda Global Investment Ltd
2735 SAND HILL ROAD #140
MENLO PARK, CA94025
X
Shanda Group USA Ltd
2735 SAND HILL ROAD
#140
MENLO PARK, CA94025
X
Shanda Technology Overseas Capital Co.
391B ORCHARD ROAD #16-05
NGEE ANN CITY TOWER B
SINGAPORE, U0238874
X
Shanda Media LTD
NO. 1 OFFICE BUILDING, NO. 690
PUDONG, NEW AREA
SHANGHAI, F4201203
X
Signatures
/s/ Tianqiao Chen 11/13/2020
Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Asset Management Holdings Limited 11/13/2020
Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Global Investment Limited 11/13/2020
Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Group USA Limited 11/13/2020
Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Technology Overseas Capital Company Limited 11/13/2020
Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Media Limited 11/13/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The common stock disclosed in this Table I is directly held by Shanda Asset Management Holdings Limited. Mr. Tianqiao Chen is the sole shareholder of Shanda Media Limited. Shanda Media Limited owns 70% of all outstanding and issued shares of Shanda Global Investment Limited, which is the sole shareholder of Shanda Technology Overseas Capital Company Limited. Shanda Technology Overseas Capital Company Limited is the sole shareholder of Shanda Group USA Limited. Shanda Group USALimited is the sole shareholder of Shanda Asset Management Holdings Limited. Therefore each of Mr. Tianqiao Chen, Shanda Media Limited, Shanda Global InvestmentLimited, Shanda Technology Overseas Capital Company Limited, Shanda Group USA Limited and Shanda Asset Management Holdings Limited may be deemed to be thebeneficial owners of such common stock.
( 2 )This transaction was executed in multiple trades at prices ranging from $8.0007 to $8.7318. The price reported above reflects the weighted average purchase price. TheReporting Persons hereby undertake to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.