SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 8)
Under the Securities Exchange Act of 1934
NATIONAL HEALTHCARE CORPORATION
(Name of Issuer)
Common Stock
(Title of Class of Securities)
6359 06 100
(CUSIP Number)
Ira Sochet
1602 Micanopy Avenue
Miami, Florida 33133
(305) 858-2291
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
Copy to:
Louis R. Montello, Esquire
Montello & Associates, P.A.
2750 N.E. 185th Street, Suite 306
Aventura, Florida 33180
(305) 682-2000
April 29, 2009
(Date of Event Which Required Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition
that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e),
Rule 13d-1(f) or 13d-1(g), check the following box o.
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CUSIP No. |
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6359 06 100 |
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Page |
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3 |
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of |
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4 |
This amendment to Schedule 13D (the Amendment) is filed as Amendment No. 8 to the Statement
on Schedule 13D, dated April 2, 2004 (the Schedule 13D), filed on behalf of Ira Sochet (the
Reporting Person) relating to the common stock of National Healthcare Corporation, a Delaware
corporation.
This Amendment reflects material changes in the Schedule 13D, as amended, such material
changes being more fully reflected in Item 5 below.
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Item 5. |
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Interest in Securities of the Issuer. |
(a) As of the close of business on May 8, 2009, the Reporting Person beneficially owned an
aggregate of 949,144 shares of Common Stock, which constituted approximately 6.9 percent of the
13,647,000 shares of Common Stock outstanding on May 1, 2009, as reported in the Issuers Quarterly
Report on Form 10-Q for the quarterly period ended March 31, 2009, as adjusted for the shares of
the Issuers Series A Convertible Preferred (the Preferred Stock) owned by the Reporting Person.
The 949,144 shares of Common Stock beneficially owned by the Reporting Person consist of 914,608
shares of Common Stock owned by the Reporting Person, 31,984 shares of Common Stock issuable upon
conversion of the 132,164 shares of Preferred Stock owned by the Reporting Person, and 2,552 shares
of Common Stock issuable upon conversion of the 10,547 shares of Preferred Stock owned by Investors
Risk Advantage L.P., a Delaware limited partnership. The shares of Common Stock beneficially owned
by the Reporting Person do not include 1,000 shares of Common Stock owned by the Reporting Persons
spouse, to which the Reporting Person disclaims beneficial ownership.
(b) The Reporting Person has the sole power to vote or direct the vote, and the sole power to
dispose or to direct the disposition of, all the shares of Common Stock beneficially owned by him.
(c) The following table sets forth all transactions in Common Stock effected by the Reporting
Person since March 1, 2009. All of such transactions were open market transactions effected
through brokers.
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Number of |
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Number of |
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Approximate |
Date |
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Shares Purchased |
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Shares Sold |
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Price Per Share |
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03/05/2009
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1,000 |
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$ |
38.10 |
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03/06/2009
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2,200 |
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$ |
35.38 |
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03/17/2009
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3,000 |
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$ |
39.11 |
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03/20/2009
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5,645 |
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$ |
41.79 |
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03/23/2009
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12,600 |
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$ |
42.48 |
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03/24/2009
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4,163 |
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$ |
43.87 |
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03/27/2009
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14,217 |
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$ |
42.92 |
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04/09/2009
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10,900 |
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$ |
42.77 |
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04/29/2009
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18,694 |
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$ |
40.75 |
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04/30/2009
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4,516 |
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$ |
40.70 |
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05/08/2009
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1,700 |
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$ |
39.84 |
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