VANGUARD HEALTH SYSTEMS INC 4
4 · VANGUARD HEALTH SYSTEMS INC · Filed Oct 3, 2013
Insider Transaction Report
Form 4
PETRIKIN TIMOTHY M.
EVP-Ambulatory Care Services
Transactions
- Disposition to Issuer
Common Stock
2013-10-01$21.00/sh−6,256$131,376→ 0 total - Disposition to Issuer
Restricted Stock Units
2013-10-01$21.00/sh−39,276$824,796→ 0 total - Other
Employee Stock Option (Right to Buy)
2013-10-01$9.19/sh−33,567$308,481→ 0 totalExercise: $11.81→ Common Stock (33,567 underlying)
Footnotes (1)
- [F1]In connection with the completion on October 1, 2013 of the previously-announced merger (the "Merger") of Vanguard Health Systems, Inc., a Delaware corporation (the "Company"), with Orange Merger Sub, Inc. ("Merger Sub"), a wholly owned subsidiary of Tenet Healthcare Corporation ("Parent"), pursuant to the terms of the Agreement and Plan of Merger, dated as of June 24, 2013 (the "Merger Agreement"), by and among Parent, Merger Sub and the Company, at the effective time of the Merger, the stock options were canceled in exchange for a cash payment, subject to any required tax withholdings, equal to the excess of $21.00 per share over the exercise price per share under each stock option multiplied by the number of shares subject to such stock option.