WEBB ROBERT T exercised options at NATIONAL HEALTH INVESTORS INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 4 exercises

WEBB ROBERT T

Filed: 9/5/2024ACC: 0001127602-24-023589

InsiderWEBB ROBERT TCIK 1014282

→

IssuerNATIONAL HEALTH INVESTORS INCCIK 877860

Director

Since Jan 2019

-52.35K

Net shares

Net seller

$4.19M

Total sold

Open market trades

0B · 0S

Total transactions

70K acquired · 122.35K disposed

Non-Derivative Transactions5

Common Stock - Nancy P. Webb Family Trust

Indirect

M · Option Exercise

+25K

Price / share

$69.20

Trade value

$1.73M

% of position

59.5%

9/3/2024

42K→67K

Common Stock - Nancy P. Webb Family Trust

Indirect

M · Option Exercise

+25K

Price / share

$53.41

Trade value

$1.34M

% of position

37.3%

9/3/2024

67K→92K

Common Stock - Nancy P. Webb Family Trust

Indirect

M · Option Exercise

+10K

Price / share

$54.73

Trade value

$547.30K

% of position

10.9%

9/3/2024

92K→102K

Common Stock - Nancy P. Webb Family Trust

Indirect

M · Option Exercise

+10K

Price / share

$57.76

Trade value

$577.60K

% of position

9.8%

9/3/2024

102K→112K

Common Stock - Nancy P. Webb Family Trust

Indirect

F · Tax Withholding

−52.35K

Price / share

$80.04

Trade value

$4.19M

% of position

46.7%

9/3/2024

112K→59.65K

Total

Net shares

+17.65K

Net value

-$184.12

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock - Nancy P. Webb Family Trust Indirect	9/3/2024	M · Option Exercise	+25K	$69.20	$1.73M	59.5%	42K	67K
Common Stock - Nancy P. Webb Family Trust Indirect	9/3/2024	M · Option Exercise	+25K	$53.41	$1.34M	37.3%	67K	92K
Common Stock - Nancy P. Webb Family Trust Indirect	9/3/2024	M · Option Exercise	+10K	$54.73	$547.30K	10.9%	92K	102K
Common Stock - Nancy P. Webb Family Trust Indirect	9/3/2024	M · Option Exercise	+10K	$57.76	$577.60K	9.8%	102K	112K
Common Stock - Nancy P. Webb Family Trust Indirect	9/3/2024	F · Tax Withholding	−52.35K	$80.04	$4.19M	46.7%	112K	59.65K
Total			+17.65K		-$184.12

Derivative Transactions4

Stock Options (Right to Buy) 2-25-2021

Direct

M · Option Exercise

Converts to

Common Stock

25K shares

−25K

Strike price

69.20

Held after

0.00

Exercisable

—

9/3/2024

Stock Option (Right to buy) 2022

Direct

M · Option Exercise

Converts to

Common Stock

25K shares

−25K

Strike price

53.41

Held after

0.00

Exercisable

—

9/3/2024

Stock Option (Right to Buy) 2023

Direct

M · Option Exercise

Converts to

Common Stock

10K shares

−10K

Strike price

54.73

Held after

0.00

Exercisable

—

9/3/2024

Stock Option (Right to Buy) 2024

Direct

M · Option Exercise

Converts to

Common Stock

10K shares

−10K

Strike price

57.76

Held after

0.00

Exercisable

—

9/3/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Stock Options (Right to Buy) 2-25-2021 Direct	Common Stock25K shares	9/3/2024	M · Option Exercise	−25K	69.20	—
Stock Option (Right to buy) 2022 Direct	Common Stock25K shares	9/3/2024	M · Option Exercise	−25K	53.41	—
Stock Option (Right to Buy) 2023 Direct	Common Stock10K shares	9/3/2024	M · Option Exercise	−10K	54.73	—
Stock Option (Right to Buy) 2024 Direct	Common Stock10K shares	9/3/2024	M · Option Exercise	−10K	57.76	—

Non-Derivative Holdings (Post-Transaction)1

Common Stock - Robert & Nancy Webb TN Comm Prop Trust

Indirect

Shares owned63.34K

Total

63.34K indirect63.34K

Security Title	Shares Owned	Ownership Type
Common Stock - Robert & Nancy Webb TN Comm Prop Trust	63.34K	Indirect
Total	63.34K	63.34K indirect

Derivative Holdings (Post-Transaction)1

Stock Options (Right to Buy) 2-21-2020

Direct

Underlying security

Common Stock

Underlying shares

25K

Shares owned

25K

Exercise price

90.79

Expiration

—

Exercise window

—

Total

Underlying

25K

Owned

25K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Options (Right to Buy) 2-21-2020 Direct	Common Stock	90.79	—	—	25K	25K
Total					25K	25K