X0306 4 2015-12-31 0000877860 NATIONAL HEALTH INVESTORS INC NHI 0001455833 Gaines Kristin Sallee 222 ROBERT ROSE DRIVE MURFREESBORO TN 37129 1 Chief Credit Officer Common Stock 2015-12-31 4 M 0 16668 46.22 A 44540 D Common Stock 2015-12-31 4 F 0 13119 60.87 D 31421 D Stock Options (Right to Buy) 46.22 2015-12-31 4 M 0 16668 0 D 2013-02-25 2016-02-25 Common Stock 16668 0 D Stock Options (Right to Buy) 47.52 2013-02-21 2017-02-21 Common Stock 16666 16666 D Stock Options (Right to Buy) 47.52 2014-02-21 2017-02-21 Common Stock 16668 16668 D Stock Options (Right to Buy) 64.49 2015-02-25 2018-02-25 Nhi Common Stock 16668 16668 D Stock Options (Right to Buy) 2-25-14 61.31 2014-02-25 2019-02-25 Common Stock 16666 16666 D Stock Options (Right to Buy) 2-25-14 61.31 2015-02-25 2019-02-25 Common Stock 16666 16666 D Stock Options (Right to Buy) 2-25-14 61.31 2016-02-25 2019-02-25 Common Stock 16668 16668 D Stock Options (Right to Buy) 72.11 2015-02-20 2020-02-20 Common Stock 16666 16666 D Stock Options (Right to Buy) 72.11 2016-02-20 2020-02-20 Common Stock 16666 16666 D Stock Options (Right to Buy) 72.11 2017-02-20 2020-02-20 Common Stock 16668 16668 D /s/ Kristin S. Gaines 2016-01-05