Travis David L Form 4 NATIONAL HEALTH INVESTORS / David L Travis 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^*

Travis David L

(Last) (First) (Middle)

222 ROBERT ROSE DRIVE

(Street)

MURFREESBORO TN 37129

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NATIONAL HEALTH INVESTORS INC [ NHI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP/Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/18/2024

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

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

X	Form filed by One Reporting Person
	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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/18/2024		M		11,668	A	$69.2	26,129(1)	D
Common Stock	09/18/2024		M		332	A	$69.2	26,461(1)	D
Common Stock	09/18/2024		F		10,406	D	$85.15	16,055(1)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy) 2-25-2021	$69.2	09/18/2024		M			11,668	02/25/2023	02/25/2026	Common Stock	11,668	$0	0	D
Stock Options (Right to Buy) 2-25-2021	$69.2	09/18/2024		M			332	02/25/2022	02/25/2026	Common Stock	332	$0	11,334	D
Stock Options (Right to Buy) 2-25-2021	$69.2							02/25/2021	02/25/2026	Common Stock	11,666		11,666	D
Stock Option (Right to buy) 2022	$53.41							02/25/2023	02/25/2027	Common Stock	2,404		2,404	D
Stock Option (Right to buy) 2022	$53.41							02/25/2024	02/25/2027	Common Stock	9,796		9,796	D
Stock Option (Right to Buy) 2023	$54.73							02/24/2023	02/24/2028	Common Stock	8,333		8,333	D
Stock Option (Right to Buy) 2023	$54.73							02/24/2024	02/24/2028	Common Stock	8,333		8,333	D
Stock Option (Right to Buy) 2023	$54.73							02/24/2025	02/28/2028	Common Stock	8,334		8,334	D
Stock Option (Right to Buy) 2024	$57.76							02/23/2024	02/23/2029	Common Stock	8,333		8,333	D
Stock Option (Right to Buy) 2024	$57.76							02/23/2025	02/23/2029	Common Stock	8,333		8,333	D
Stock Option (Right to Buy) 2024	$57.76							02/23/2026	02/23/2029	Common Stock	8,334		8,334	D

Explanation of Responses:

1. Acquired due to the net exercise of stock options granted 2/25/21 with shares withheld by the Company to cover the exercise price and taxes. This transaction was completed subsequent to the execution of a Lock-Up Agreement and shares received are subject to the provisions of that agreement.

	/s/ Kimberly V. Ouimet, by limited power of attorney	09/20/2024
	** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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