SEC Form 4 · accession 0001209191-19-014650
TENET HEALTHCARE CORP · THC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R. Scott Ramsey
Officer — Principal Accounting Officer
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 5:44 pm EST
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 | Feb 26, 2019 | M | 2,255 | — | A | 6,057 | D | |
| Common StockF3 | Feb 26, 2019 | F | 669 | $26.94 | D | 5,388 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 February Restricted Stock UnitsF2,F1,F4 | — | Feb 26, 2019 | M | 2,255 | D | — | — | Common Stock | 2,255 | 0 | D |
Explanation of responses
- F1As previously reported, on February 26, 2014, the reporting person received a grant of 2,255 time-based restricted stock units that vest in their entirety on the fifth anniversary of the date of grant. The fifth anniversary occurred on February 26, 2019, resulting in the vesting and settlement of 2,255 shares of common stock, as shown in Table I.
- F2Restricted stock units convert into common stock on a one-for-one basis.
- F3Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3.
- F4Restricted stock units are settled in shares of the Company's common stock upon vesting.