SEC Form 4 · accession 0001209191-15-041832
TENET HEALTHCARE CORP · THC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen M Garrison
Director
Period of report
May 8, 2015
Accepted (ET)
May 12, 2015 · 5:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000070318
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 8, 2015 | A | 4,722 | $0.00 | A | 43,379 | D | |
| Common StockF2 | May 11, 2015 | M | 8,383 | $0.00 | A | 51,762 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012 May Directors Stock UnitsF2,F4,F5,F6 | — | May 11, 2015 | M | 8,383 | D | — | — | Common Stock | 8,383 | 0 | D |
Explanation of responses
- F1Represents restricted stock units granted under the Company's Stock Incentive Plan. Each restricted stock unit is the economic equivalent of one share of the Company's common stock. All of these restricted stock units vested immediately on the grant date and will be settled in shares of common stock on the third anniversary of the date of grant (unless deferred settlement has been elected).
- F2All historical share data in this Form 4 have been restated to reflect a one-for-four reverse stock split effective as of October 11, 2012.
- F3Scheduled conversion of previously reported 2012 May Director Stock Units on the third anniversary of the date of grant in accordance with the terms of the Company's 2008 Stock Incentive Plan. The reporting person settled the Stock Units for shares of the Company's common stock.
- F4These Stock Units were awarded under the Company's Stock Incentive Plan.
- F5Each Stock Unit is the economic equivalent of one share of the Company's common stock.
- F6The 2012 May Director Stock Units vested on the date of grant and were settled on the third anniversary of the date of grant in accordance with the terms of the Company's 2008 Stock Incentive Plan. The reporting person settled the Stock Units for shares of the Company's common stock.