Fraser Cathy 4
4 · TENET HEALTHCARE CORP · Filed Feb 27, 2013
Insider Transaction Report
Form 4
Fraser Cathy
Sr. Vice President
Transactions
- Exercise/Conversion
Common Stock
2013-02-25+2,326→ 70,855 total - Tax Payment
Common Stock
2013-02-25$37.63/sh−637$23,970→ 70,218 total - Exercise/Conversion
2010 February Restricted Stock Units
2013-02-25−2,326→ 0 total→ Common Stock (2,326 underlying) - Tax Payment
Common Stock
2013-02-25$37.63/sh−636$23,933→ 71,908 total - Exercise/Conversion
Common Stock
2013-02-25+2,326→ 72,544 total - Exercise/Conversion
2010 February Performance-Based Restricted Units
2013-02-25−2,326→ 0 total→ Common Stock (2,326 underlying)
Footnotes (4)
- [F1]All historical share data in this Form 4 have been restated to reflect a one-for-four reverse stock split effective as of October 11, 2012.
- [F2]As previously reported, on February 25, 2010, the reporting person received a grant of 6,976 performance restricted units that were subject to the issuer's attainment of a specified one-year performance metric for the year then-ending December 31, 2010. The performance metric was met; therefore, these restricted units vest ratably on each of the first, second and third anniversaries of the date of grant. The first and second anniversaries occurred on February 25, 2011 and February 25, 2012, respectively, resulting in the vesting and settlement of 2,325 shares of common stock in each case. The third anniversary of this grant occurred on February 25, 2013, resulting in the vesting and settlement of 2,326 shares of common stock as shown in Table I and Table II. Restricted units are settled in shares of the Company's common stock upon vesting.
- [F3]Shares withheld for payment of taxes upon vesting of restricted units in accordance with Rule 16b-3.
- [F4]As previously reported, on February 25, 2010, the reporting person received a grant of 6,976 restricted units that vest ratably on each of the first, second and third anniversaries of the date of grant. The first and second anniversaries occurred on February 25, 2011 and February 25, 2012, respectively, resulting in the vesting and settlement of 2,325 shares of common stock in each case. The third anniversary of this grant occurred on February 25, 2013, resulting in the vesting and settlement of 2,326 shares of common stock as shown in Table I and Table II. Restricted units are settled in shares of the Company's common stock upon vesting.