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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): November 12, 2020 (November 10, 2020)
 

 
NATIONAL HEALTHCARE CORPORATION
(Exact name of registrant as specified in its charter)
 

 
Delaware
(State or other jurisdiction of incorporation)
001-13489
(Commission File Number)
52-2057472
(I.R.S. Employer Identification No.)
 
100 Vine Street
Murfreesboro, Tennessee
(Address of Principal Executive Offices)
 
 
37130
(Zip Code)
 
Registrant’s telephone number, including area code: (615) 890-2020
 
Not Applicable
(Former name or former address, if changed since last report)
 
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2 (b))
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.1 par value
NHC
NYSE American
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
 
Emerging growth company     
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ☐
 
 

 
ITEM 7.01     REGULATION FD DISCLOSURE.
 
As part of a comprehensive response to the COVID-19 pandemic, the Company continues to take numerous actions to provide the safest possible environment for its partners (employees) and patients. In conjunction, the Company previously reported certain cost mitigation initiatives, which included a voluntary reduction in base salaries by the executive team and a voluntary reduction in directors’ fees, along with other cost savings initiatives. While many of the strategic cost and expense reduction activities remain in place, the Company has determined that compensation can be restored. As the pandemic and its impact changes, the Company continues to monitor its response in all respects and will make adjustments and modifications as deemed appropriate.
 
 
SIGNATURES
 
Date:     November 12, 2020
 
NATIONAL HEALTHCARE CORPORATION
 
 
 
By: /s/R. Michael Ussery
Name: R. Michael Ussery
Title: President and COO