URBANOWICZ E PETER 4

Accession 0000070318-07-000067

CIK 0000070318other

Filed

Mar 5, 7:00 PM ET

Accepted

Mar 6, 4:50 PM ET

Size

24.3 KB

Accession

0000070318-07-000067

Form 4

Period: 2007-03-03

General Counsel and Secretary

Transactions

Tax Payment
Common Stock
2007-03-03$6.43/sh−2,352$15,123→ 68,877 total
Exercise/Conversion
Common Stock
2007-03-03$6.43/sh+8,889$57,156→ 71,229 total
Exercise/Conversion
2004 March Restricted Units
2007-03-03$6.43/sh−8,889$57,156→ 0 total
→ Common Stock (8,889 underlying)

Holdings

2003 December Option (Right to Buy)
Exercise: $15.68Exp: 2013-12-22→ Common Stock (125,000 underlying)
125,000
2006 February Restricted Units
Exercise: $0.00→ Common Stock (86,667 underlying)
86,667
2004 March Option (Right to Buy)
Exercise: $12.01Exp: 2014-03-03→ Common Stock (133,333 underlying)
133,333
2007 March Option (Right to Buy)
Exercise: $6.60Exp: 2017-03-01→ Common Stock (100,000 underlying)
100,000
2007 Performance Based Restricted Units (U)
Exercise: $0.00Exp: 2017-03-01→ Common Stock (75,000 underlying)
75,000
2005 February Restricted Units
Exercise: $0.00→ Common Stock (12,223 underlying)
12,223
2007 March Career Grant Restricted Units
Exercise: $0.00Exp: 2017-03-01→ Common Stock (300,000 underlying)
300,000
2005 February Option (Right to Buy)
Exercise: $10.52Exp: 2015-02-16→ Common Stock (133,333 underlying)
133,333
Common Stock
(indirect: By IRA)
3,500
2006 February Option (Right to Buy)
Exercise: $7.93Exp: 2016-02-22→ Common Stock (130,000 underlying)
130,000
2007 March Restricted Units
Exercise: $0.00Exp: 2017-03-01→ Common Stock (50,000 underlying)
50,000

Footnotes (4)

[F1]These restricted units vest ratably on each of the first, second and third anniversaries of the date of grant. Restricted Units are settled in shares of the Company's common stock upon vesting.
[F2]These derivative securities (stock options) vest ratably on each of the first, second and third anniversaries of the date of grant.
[F3]These restricted units vest ratably on each of the third, fifth, seventh, and tenth anniversaries of the date of grant. Restricted units are settled in shares of the Company's common stock upon vesting.
[F4]On the third anniversary of the date of grant, these restricted units vest conditionally based on the average of the closing price of the Company's common stock on the last 40 trading days of 2009 ("Stock Price") as follows: 25,000 restricted units vest if the Stock Price is $6.75 or less; 50,000 restricted units vest if the Stock Price is $8.50; and 75,000 restricted units if the Stock Price is $10.25 or greater. Straight-line interpolation will be used to determine the number of restricted units vesting for Stock Prices between the threshold prices stated. Restricted units are settled in shares of the Company's common stock upon vesting.

Documents

1 file

TENET HEALTHCARE CORP

CIK 0000070318

Entity typeother