TENET HEALTHCARE CORP 4
4 · TENET HEALTHCARE CORP · Filed May 9, 2017
Insider Transaction Report
Form 4
GARRISON KAREN M
Director
Transactions
- Award
Common Stock
2017-05-05+12,864→ 76,228 total - Exercise/Conversion
Common Stock
2017-05-09+3,833→ 80,061 total - Exercise/Conversion
2014 May Director Stock Units
2017-05-09−3,833→ 0 total→ Common Stock (3,833 underlying)
Footnotes (3)
- [F1]Represents restricted stock units granted under the Company's Stock Incentive Plan. Each restricted stock unit is the economic equivalent of one share of the Company's common stock. All of these restricted stock units vested immediately on the grant date and will be settled in shares of common stock on the third anniversary of the date of grant (unless deferred settlement has been elected).
- [F2]As previously reported, on May 9, 2014, the reporting person received a grant of 3,833 restricted stock units which vested immediately and settled on the third anniversary of the date of grant. The third anniversary occurred on May 9, 2017, resulting in settlement of 3,833 shares of common stock, as shown in Table I.
- [F3]Restricted stock units convert into common stock on a one-for-one basis.