4//SEC Filing
TENET HEALTHCARE CORP 4
Accession 0000070318-07-000117
$THCCIK 0000070318operating
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 2:40 PM ET
Size
20.6 KB
Accession
0000070318-07-000117
Insider Transaction Report
Form 4
Daley Jennifer
SVP, Clinical Quality
Transactions
- Exercise/Conversion
2005 July Restricted Units
2007-07-01$6.51/sh−4,000$26,040→ 4,000 total→ Common Stock (4,000 underlying) - Exercise/Conversion
Common Stock
2007-07-01$6.51/sh+4,000$26,040→ 30,722 total - Tax Payment
Common Stock
2007-07-01$6.51/sh−1,270$8,268→ 29,452 total
Holdings
- 45,000
2007 Performance Based Restricted Units (D)
Exercise: $0.00Exp: 2017-03-01→ Common Stock (45,000 underlying) - 53,333
2004 March Option (Right to Buy)
Exercise: $12.01Exp: 2014-03-03→ Common Stock (53,333 underlying) - 56,667
2005 February Option (Right to Buy)
Exercise: $10.52Exp: 2015-02-16→ Common Stock (56,667 underlying) - 30,000
2006 February Option (Right to Buy)
Exercise: $7.93Exp: 2016-02-22→ Common Stock (30,000 underlying) - 30,000
2007 March Restricted Units
Exercise: $0.00Exp: 2017-03-01→ Common Stock (30,000 underlying) - 6,111
2005 February Restricted Units
Exercise: $0.00→ Common Stock (6,111 underlying) - 60,000
2007 March Option (Right to Buy)
Exercise: $6.60Exp: 2017-03-01→ Common Stock (60,000 underlying) - 26,667
2006 February Restricted Units
Exercise: $0.00→ Common Stock (26,667 underlying)
Footnotes (3)
- [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]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: 15,000 restricted units vest if the Stock Price is $6.75 or less; 30,000 restricted units vest if the Stock Price is $8.50; and 45,000 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
Issuer
TENET HEALTHCARE CORP
CIK 0000070318
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0000070318
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 2:40 PM ET
- Size
- 20.6 KB