SEC Form 4 · accession 0001209191-15-072474
TENET HEALTHCARE CORP · THC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J Cancelmi
Officer — Chief Financial Officer
Period of report
Sep 28, 2015
Accepted (ET)
Sep 29, 2015 · 5:23 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,F2,F3 | Sep 28, 2015 | M | 12,500 | — | A | 117,195 | D | |
| Common StockF4 | Sep 28, 2015 | F | 5,244 | $37.15 | D | 111,951 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012 September Restricted Stock UnitsF1 | — | Sep 28, 2015 | M | 12,500 | D | — | — | Common Stock | 12,500 | 0 | D |
Explanation of responses
- F1As previously reported, on September 28, 2012, the reporting person received a grant of 37,500 restricted stock units that vest in one-third increments on each of the first, second and third anniversaries of the date of grant. The third and final anniversary occurred on September 28, 2015, resulting in the vesting and settlement of 12,500 shares of common stock, as shown in Table I.
- 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.
- F3Restricted stock units convert into common stock on a one-for-one basis.
- F4Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3.