0001209191-16-127814.txt : 20160614
0001209191-16-127814.hdr.sgml : 20160614
20160614180239
ACCESSION NUMBER: 0001209191-16-127814
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160613
FILED AS OF DATE: 20160614
DATE AS OF CHANGE: 20160614
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TENET HEALTHCARE CORP
CENTRAL INDEX KEY: 0000070318
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-GENERAL MEDICAL & SURGICAL HOSPITALS, NEC [8062]
IRS NUMBER: 952557091
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1445 ROSS AVENUE
STREET 2: SUITE 1400
CITY: DALLAS
STATE: TX
ZIP: 75202
BUSINESS PHONE: 469-893-2200
MAIL ADDRESS:
STREET 1: 1445 ROSS AVENUE
STREET 2: SUITE 1400
CITY: DALLAS
STATE: TX
ZIP: 75202
FORMER COMPANY:
FORMER CONFORMED NAME: NATIONAL MEDICAL ENTERPRISES INC /NV/
DATE OF NAME CHANGE: 19920703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FETTER TREVOR
CENTRAL INDEX KEY: 0001205447
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07293
FILM NUMBER: 161713978
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-06-13
0
0000070318
TENET HEALTHCARE CORP
THC
0001205447
FETTER TREVOR
1445 ROSS AVENUE
SUITE 1400
DALLAS
TX
75202
1
1
0
0
Chairman and CEO
Common Stock
2016-06-13
4
M
0
53045
A
939531
D
Common Stock
2016-06-13
4
F
0
22253
27.69
D
917278
D
Common Stock
2016-06-13
4
M
0
106090
A
1023368
D
Common Stock
2016-06-13
4
F
0
44505
27.69
D
978863
D
Common Stock
2550
I
By spouse
2013 June Restricted Stock Units
2016-06-13
4
M
0
53045
0.00
D
Common Stock
53045
53045
D
2013 June Performance-Based Restricted Stock Units
2016-06-13
4
M
0
106090
0.00
D
Common Stock
106090
53045
D
As previously reported, on June 13, 2013, the reporting person received a grant of 106,090 time-based restricted stock units that vest in one-half increments on each of the third and sixth anniversaries of the date of grant. The third anniversary occurred on June 13, 2016, resulting in the vesting and settlement of 53,045 shares of common stock as shown in Table I. The remaining 53,045 restricted stock units are shown in Table II, which are scheduled to vest on June 13, 2019.
Restricted stock units convert into common stock on a one-for-one basis.
Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3.
As previously reported, on June 13, 2013, the reporting person received a total target grant of 106,090 performance-based restricted stock units, with fifty percent of the performance-based restricted stock units to vest on June 13, 2016 and fifty percent to vest on June 13, 2019, subject in each case to the Company's achievement of specified performance goals. The actual number of stock units that could vest on June 13, 2016 ranged from 0% to 200% of the target amount of 53,045 performance-based restricted stock units, based on the Company's level of achievement under the applicable performance goal. The performance goal was exceeded and 200.0% of the target grant was awarded, resulting in the vesting and settlement of 106,090 shares of common stock as shown in Table I. The remaining 53,045 performance-based restricted stock units, which remain eligible to vest on June 13, 2019, are shown in Table II.
Both time-based restricted stock units and performance-based restricted stock units are settled in shares of the Company's common stock upon vesting.
Anthony L. Shoemaker, as Attorney-in-Fact for Trevor Fetter
2016-06-14