OMB APPROVAL
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OMB Number 3235-0287
-------- Expires: January 31, 2005
FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION Estimated average burden
-------- Washington, D.C. 20549 hours per response.. 0.5
Check box if --------------------------
no longer subject
to Section 16.
Form 4 or Form 5
obligations may continue.
See Instruction 1(b).
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Miersch Edward R.
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(Last) (First) (Middle)
4716 Old Gettysburg Road, P.O. Box 2034
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(Street)
Mechanicsburg, PA 17055
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Select Medical Corporation - NYSE (SEM)
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3. IRS Identification Number of Reporting
Person, if an entity (voluntary)
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4. Statement (Month/Day/Year)
February 7, 2003
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5. If Amendment, Date of Original (Month/Day/Year)
/ /
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6. Relationship of Reporting Person(s)
to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title Other (specify
below) below)
President, NovaCare Rehabilitation Division
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7. Individual or Joint/Group Filing
(Check Applicable Line)
X Form filed by One Reporting Person
Form Filed by More than One Reporting
Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
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1. Title of Security 2. Trans- 2A. 3.Transaction 4. Securities 5. Amount of 6. Ownership 7. Nature of
(Instr. 3) action Deemed Code Acquired (A) Securities Form: Direct Indirect
Date Execution (Instr. 8) or Disposed of Beneficially (D) or Indirect Beneficial
(Month/ Date, if (D) (Instr. 3, Owned Follow- (I) (Instr. 4) Ownership
Day/ any 4 and 5) ing Reported (Instr. 4)
Year) (Month/ Transaction(s)
Day/ (Instr. 3 and 4)
Year)
Code V Amount (A)or Price
(D)
Common Stock, par
value $.01 per share 02/07/03 M 15,360 (A) $ 6.51
Common Stock, par
value $.01 per share 02/07/03 S 2,000 (D) $13.60
Common Stock, par
value $.01 per share 02/07/03 S 1,000 (D) $13.61
Common Stock, par
value $.01 per share 02/07/03 S 600 (D) $13.62
Common Stock, par
value $.01 per share 02/07/03 S 1,100 (D) $13.63
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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).
(Over)
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the
form displays a current valid OMB control number.
Page 1 of 3
FORM 4 (Continued)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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1.Title of 2.Conver- 3.Trans- 3A. 4.Transac- 5.Number 6.Date 7.Title 8.Price 9.Number 10. Owner- 11.Nature
Derivative sion or action Deemed tion of Exer- and of of ship of
Security Exercise Date Execu- Code Deriv- cisable Amount Deriv- Deriv- of De- Indir-
(Instr. 3) Price of (Month/ tion (Instr. ative and Ex- of ative ative riva- ect
Deriv- Day/ Date, if 8) Secur- pira- Under- Secur- Secur- tive Bene-
ative Year) any ities tion lying ity ities Secu- ficial
Security (Month/ Ac- Date Secur- (Instr. Bene- rity: Owner-
Day/Year) quired (Month/ ities 5) ficially Direct ship
(A) or Day/ (Instr. Owned Foll- (D) or (Instr.
Disposed Year) 3 and 4) owing Re- Indirect 4)
of (D) ported (I)
(Instr. Tranac- (Instr.
3, 4 and tion(s) 4)
5) (Instr. 4)
Code V (A) (D) Date Ex- Title Amount
Ex- pir- or
ercis- ation Number
able Date of
Shares
Employee Stock
Options
(right to buy) $ 6.51 02/07/03 M 15,360 (1) 12/31/09 Com- 15,360 30,718
mom
Stock
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Explanation of Responses:
(1) The original option grant of 76,798 options vests over 5 years in equal
parts of 1/5th of the total per year, the third installment of which
vested on 01/01/03.
** 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 provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a current
valid OMB Number.
/s/ Edward R. Miersch 2/10/03
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** Signature of Reporting Person Date
Page 2 of 3
FORM 4 (Continued)
Edward R. Miersch Select Medical Corporation - NYSE (SEM)
4716 Old Gettysburg Road, P.O. Box 2034 February 7, 2003
Mechanicsburg, PA 17055
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned (cont.)
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Title of Security Trans- Deemed Transaction Securities Amount of Ownership Form: Nature of
action Execution Code Acquired (A) Securities Direct (D) or Indirect
Date Date, if or Disposed of Beneficially Indirect (I) Beneficial
(Month/ any (Month/ (D) Owned Follow- Ownership
Day/ Day/Year) ing Report-
Year) ed Trans-
action(s)
Code V Amount (A)or Price
(D)
Common Stock, 02/07/03 S 600 (D) $13.66
par value
$.01 per share
Common Stock, 02/07/03 S 300 (D) $13.67
par value
$.01 per share
Common Stock, 02/07/03 S 2,700 (D) $13.68
par value
$.01 per share
Common Stock, 02/07/03 S 100 (D) $13.71
par value
$.01 per share
Common Stock, 02/07/03 S 500 (D) $13.72
par value
$.01 per share
Common Stock, 02/07/03 S 1,900 (D) $13.75
par value
$.01 per share
Common Stock, 02/07/03 S 860 (D) $13.76
par value
$.01 per share
Common Stock, 02/07/03 S 100 (D) $13.77
par value
$.01 per share
Common Stock, 02/07/03 S 1,000 (D) $13.78
par value
$.01 per share
Common Stock, 02/07/03 S 200 (D) $13.79
par value
$.01 per share
Common Stock, 02/07/03 S 800 (D) $13.80
par value
$.01 per share
Common Stock, 02/07/03 S 1,000 (D) $13.81
par value
$.01 per share
Common Stock, 02/07/03 S 200 (D) $13.83
par value
$.01 per share
Common Stock, 02/07/03 S 200 (D) $13.84
par value
$.01 per share
Common Stock, 02/07/03 S 200 (D) $13.88 2,419 (D)
par value
$.01 per share
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