SEC Form 4 · accession 0001209191-16-103595
HCA Healthcare, Inc. · HCA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph N Steakley
Officer — SVP-Internal Audit Services
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 9:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000860730
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 19, 2015 | G | 37,092 | $0.00 | D | 0 | I | By GRAT (Spouse, Trustee) |
| Common StockF1 | Feb 25, 2016 | F | 401 | $70.00 | D | 12,306 | D | |
| Common Stock | holding | — | — | — | 13,351 | I | By GRAT II (Spouse, Trustee) | |
| Common Stock | holding | — | — | — | 24,557 | I | By GRAT III (Spouse, Trustee) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF2 | $22.95 | Feb 25, 2016 | A | 7,500 | A | Feb 25, 2016 | Feb 8, 2022 | Common Stock | 7,500 | 7,500 | D |
| Stock Appreciation RightF3 | $37.18 | Feb 25, 2016 | A | 6,250 | A | Feb 25, 2016 | Feb 6, 2023 | Common Stock | 6,250 | 6,250 | D |
| Stock Appreciation RightF4 | $47.97 | Feb 25, 2016 | A | 4,375 | A | Feb 25, 2016 | Feb 5, 2024 | Common Stock | 4,375 | 4,375 | D |
| Restricted Stock UnitsF5,F6 | — | Feb 25, 2016 | A | 1,581 | A | — | — | Common Stock | 1,581 | 1,581 | D |
Explanation of responses
- F1Includes 718.0706 shares acquired under the HCA Holdings, Inc. Employee Stock Purchase Plan.
- F2On February 8, 2012, the reporting person was granted 30,000 stock appreciation rights. The stock appreciation rights are eligible to vest in equal increments of up to 25% at the end of fiscal years 2012, 2013, 2014 and 2015 based upon the extent to which certain EBITDA performance targets have been met for the applicable fiscal year. Based upon the Company's achievement with respect to the EBITDA performance criteria for 2015, 100% of the stock appreciation rights subject to such criteria vested, resulting in the vesting of 7,500 stock appreciation rights.
- F3On February 6, 2013, the reporting person was granted 25,000 stock appreciation rights. The stock appreciation rights are eligible to vest in equal increments of up to 25% at the end of fiscal years 2013, 2014, 2015 and 2016 based upon the extent to which certain EBITDA performance targets have been met for the applicable fiscal year. Based upon the Company's achievement with respect to the EBITDA performance criteria for 2015, 100% of the stock appreciation rights subject to such criteria vested, resulting in the vesting of 6,250 stock appreciation rights.
- F4On February 5, 2014, the reporting person was granted 17,500 stock appreciation rights. The stock appreciation rights are eligible to vest in equal increments of up to 25% at the end of fiscal years 2014, 2015, 2016 and 2017 based upon the extent to which certain EBITDA performance targets have been met for the applicable fiscal year. Based upon the Company's achievement with respect to the EBITDA performance criteria for 2015, 100% of the stock appreciation rights subject to such criteria vested, resulting in the vesting of 4,375 stock appreciation rights.
- F5Each restricted stock unit represents a contingent right to receive one share of HCA Holdings, Inc. common stock.
- F6The restricted stock units vest in two equal installments on the second and third anniversaries of the grant date.