FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Jacobsmeyer Barbara Ann
2. Issuer Name and Ticker or Trading Symbol

Enhabit, Inc. [ EHAB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President and CEO
(Last)          (First)          (Middle)

6688 N. CENTRAL EXPRESSWAY, SUITE 1300
3. Date of Earliest Transaction (MM/DD/YYYY)

7/1/2022
(Street)

DALLAS, TX 75206
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 7/1/2022  J(1)  28691 A$0 28691 D  
Common Stock 7/1/2022  A  131927 A$0 160618 D  
Common Stock 7/1/2022  A  47824 A$0 208442 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy) $17.13 (2)7/1/2022  J (2)  3896    7/1/2022 2/24/2027 Common Stock 3896.0 $0 3896 D  
Employee Stock Option (Right to Buy) $21.83 (2)7/1/2022  J (2)  6075    7/1/2022 3/1/2028 Common Stock 6075.0 $0 6075 D  
Employee Stock Option (Right to Buy) $25.88 (2)7/1/2022  J (2)  7118    7/1/2022 3/1/2029 Common Stock 7118.0 $0 7118 D  
Employee Stock Option (Right to Buy) $31.06 (2)7/1/2022  J (2)  8613     (3)3/2/2030 Common Stock 8613.0 $0 8613 D  
Employee Stock Option (Right to Buy) $32.62 (2)7/1/2022  J (2)  8310     (4)3/2/2031 Common Stock 8310.0 $0 8310 D  
Employee Stock Option (Right to Buy) $26.94 (2)7/1/2022  J (2)  11067     (5)3/1/2032 Common Stock 11067.0 $0 11067 D  

Explanation of Responses:
(1) In connection with the spin-off of Enhabit, Inc. ("Enhabit") by Encompass Health Corporation ("Encompass") on June 30, 2022, Encompass distributed all of the issued and outstanding shares of Enhabit common stock to Encompass stockholders (the "Distribution"). Encompass stockholders received one share of Enhabit common stock for every two shares of Encompass common stock held as of the close of business on June 24, 2022. The number of shares of Enhabit common stock reported as acquired on this Form 4 reflects the number of shares of Enhabit common stock, including shares of restricted stock, acquired by the reporting person pursuant to the Distribution.
(2) In connection with the spin-off of Enhabit by Encompass and pursuant to the Employee Matters Agreement between Enhabit and Encompass, on June 30, 2022, each outstanding option to purchase Encompass common stock was converted into a stock option to purchase Encompass common stock and a stock option to purchase Enhabit common stock, in each case with respect to the same number of shares as the original Encompass stock option.
(3) The converted Enhabit stock option has the same vesting schedule as the original Encompass stock option, which vested as to one-third of the shares on March 2, 2021, the first anniversary of the date of grant, and vests as to one-third of the shares annually thereafter.
(4) The converted Enhabit stock option has the same vesting schedule as the original Encompass stock option, which vested as to one-third of the shares on March 2, 2022, the first anniversary of the date of grant, and vests as to one-third of the shares annually thereafter.
(5) The converted Enhabit stock option has the same vesting schedule as the original Encompass stock option, which will vest as to one-third of the shares on March 1, 2023, the first anniversary of the date of grant, and vests as to one-third of the shares annually thereafter.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Jacobsmeyer Barbara Ann
6688 N. CENTRAL EXPRESSWAY
SUITE 1300
DALLAS, TX 75206
X
President and CEO

Signatures
/s/ Chad K. Knight, Attorney in Fact7/6/2022
**Signature of Reporting PersonDate


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).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Enhabit (NYSE:EHAB)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Enhabit Charts.
Enhabit (NYSE:EHAB)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Enhabit Charts.