SEC Form 4 · accession 0001209191-18-015721
TENET HEALTHCARE CORP · THC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Audrey T. Andrews
Officer — SVP and General Counsel
Period of report
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 4:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000070318
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2018 February Restricted Stock UnitsF1 | — | Feb 28, 2018 | A | 24,272 | A | — | — | Common Stock | 24,272 | 24,272 | D |
| 2018 February Performance Stock Options (Right to Buy)F2 | $20.60 | Feb 28, 2018 | A | 56,626 | A | — | Feb 28, 2028 | Common Stock | 56,626 | 56,626 | D |
Explanation of responses
- F1These time-based restricted stock units vest in one-third increments on each of the first, second and third anniversaries of the date of grant. Restricted stock units are settled in shares of the Company's common stock upon vesting.
- F2These performance-based stock options vest on the third anniversary of the date of grant, subject to the satisfaction of a stock price performance condition requiring the Company's common stock price to close at or above $25.75 per share for any 20 consecutive trading days during the three-year period following the date of grant.