TENET HEALTHCARE CORP 4
4 · TENET HEALTHCARE CORP · Filed May 9, 2017
Insider Transaction Report
Form 4
PETTINGILL RICHARD
Director
Transactions
- Exercise/Conversion
Common Stock
2017-05-09+3,833→ 79,836 total - Exercise/Conversion
2009 May Director Stock Units
2017-05-05−14,509→ 0 total→ Common Stock (14,509 underlying) - Exercise/Conversion
Common Stock
2017-05-05+14,509→ 63,139 total - Exercise/Conversion
2014 May Director Stock Units
2017-05-09−3,833→ 0 total→ Common Stock (3,833 underlying) - Award
Common Stock
2017-05-05+12,864→ 76,003 total
Footnotes (5)
- [F1]As previously reported, on May 7, 2009, the reporting person received a grant of 14,509 restricted stock units which vested immediately and was scheduled to settle on the third anniversary of the date of grant; however, the reporting person elected to defer settlement in accordance with the terms of the issuer's 2008 Stock Incentive Plan and 2006 Deferred Compensation Plan. The deferred settlement occurred on May 5, 2017, resulting in the settlement of 14,509 shares of common stock, as shown in Table I.
- [F2]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.
- [F3]Restricted stock units convert into common stock on a one-for-one basis.
- [F4]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).
- [F5]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.