Shanda Media Form 4 COMMUNITY HEALTH SYSTEMS / Tian Qiao Chen ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Chen Tian Qiao

(Last)

(First)

(Middle)

2735 SAND HILL ROAD

#140

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

1. Name and Address of Reporting Person^*

Chen Tian Qiao

(Last)

(First)

(Middle)

2735 SAND HILL ROAD

#140

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

SHANDA ASSET MANAGEMENT HOLDINGS Ltd

(Last)

(First)

(Middle)

391B ORCHARD ROAD #16-05

NGEE ANN CITY TOWER B

(Street)

SINGAPORE

238874

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Shanda Global Investment Ltd

(Last)

(First)

(Middle)

2735 SAND HILL ROAD #140

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Shanda Group USA Ltd

(Last)

(First)

(Middle)

2735 SAND HILL ROAD

#140

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Shanda Technology Overseas Capital Co.

(Last)

(First)

(Middle)

391B ORCHARD ROAD #16-05

NGEE ANN CITY TOWER B

(Street)

SINGAPORE

238874

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Shanda Media LTD

(Last)

(First)

(Middle)

NO. 1 OFFICE BUILDING, NO. 690

PUDONG, NEW AREA

(Street)

SHANGHAI

201203

(City)

(State)

(Zip)

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 USA Limited is the sole shareholder of Shanda Asset Management Holdings Limited. Therefore each of Mr. Tianqiao Chen, Shanda Media Limited, Shanda Global Investment Limited, Shanda Technology Overseas Capital Company Limited, Shanda Group USA Limited and Shanda Asset Management Holdings Limited may be deemed to be the beneficial 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. The Reporting 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.

	/s/ Tianqiao Chen	11/13/2020
	/s/ Tianqiao Chen, Director of Shanda Asset Management Holdings Limited	11/13/2020
	/s/ Tianqiao Chen, Director of Shanda Global Investment Limited	11/13/2020
	/s/ Tianqiao Chen, Director of Shanda Group USA Limited	11/13/2020
	/s/ Tianqiao Chen, Director of Shanda Technology Overseas Capital Company Limited	11/13/2020
	/s/ Tianqiao Chen, Director of Shanda Media Limited	11/13/2020
	** Signature of Reporting Person	Date
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).
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Shanda Media Form 4COMMUNITY HEALTH SYSTEMS / Tian Qiao Chen ownership change