0001209191-17-015530.txt : 20170228 0001209191-17-015530.hdr.sgml : 20170228 20170228194713 ACCESSION NUMBER: 0001209191-17-015530 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170224 FILED AS OF DATE: 20170228 DATE AS OF CHANGE: 20170228 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: PITTS KEITH B CENTRAL INDEX KEY: 0001055066 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07293 FILM NUMBER: 17650805 MAIL ADDRESS: STREET 1: 20 BURTON HILLS BOULEVARD STREET 2: SUITE 100 CITY: NASHVILLE STATE: TN ZIP: 37215 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-02-24 0 0000070318 TENET HEALTHCARE CORP THC 0001055066 PITTS KEITH B 1445 ROSS AVENUE SUITE 1400 DALLAS TX 75202 0 1 0 0 Vice Chairman Common Stock 2017-02-24 4 M 0 12784 A 139220 D Common Stock 2017-02-24 4 F 0 3663 21.99 D 135557 D Common Stock 2017-02-24 4 M 0 21056 A 156613 D Common Stock 2017-02-24 4 F 0 8833 21.99 D 147780 D Common Stock 2017-02-24 4 M 0 11277 A 159057 D Common Stock 2017-02-24 4 F 0 3060 21.99 D 155997 D Common Stock 2017-02-24 4 M 0 22554 A 178551 D Common Stock 2017-02-24 4 F 0 6169 21.99 D 172382 D 2015 February Restricted Stock Units 2017-02-24 4 M 0 12784 0.00 D Common Stock 12784 12784 D 2015 February Performance-Based Restricted Stock Units 2017-02-24 4 M 0 21056 0.00 D Common Stock 21056 21054 D 2014 February Restricted Stock Units 2017-02-24 4 M 0 11277 0.00 D Common Stock 11277 0 D 2014 February Performance-Based Restricted Stock Units 2017-02-24 4 M 0 22554 0.00 D Common Stock 22554 0 D As previously reported, on February 25, 2015, the reporting person received a grant of 38,352 time-based restricted stock units that vest in one-third increments on each of the first, second and third anniversaries of the date of grant. The first anniversary occurred on February 25, 2016, resulting in the vesting and settlement of 12,784 shares of common stock. The second vesting date occurred on February 24, 2017 (the business day prior to the anniversary date which fell on a weekend), resulting in the vesting and settlement of 12,784 shares of common stock, as shown in Table I. The remaining 12,784 restricted stock units are shown in Table II, which are scheduled to vest on February 25, 2018. 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 Feb. 25, 2015, the reporting person received a target grant of 38,352 performance-based RSUs that were subject to the Company's attainment of a specified one-year performance metric for the year then-ending December 31, 2015. The actual number of stock units that could vest ranged from 0% to 200% of the target unit amount. The performance metric was exceeded and 164.7% of the target grant was awarded; therefore, these RSUs vest in one-third increments on each of the 1st, 2nd and 3rd anniversaries of the date of grant. The 1st anniversary occurred on Feb. 25, 2016, resulting in the vesting and settlement of 21,056 shares of common stock. The 2nd vesting date occurred on Feb. 24, 2017 (the business day prior to the anniversary date, which fell on a weekend), resulting in the vesting and settlement of 21,056 shares of common stock, as shown in Table I. The remaining 21,054 performance RSUs are shown in Table II, which are scheduled to vest on Feb. 25, 2018. As previously reported, on February 26, 2014, the reporting person received a grant of 33,829 time-based restricted stock units that vest in one-third increments on each of the first, second and third anniversaries of the date of grant. The first anniversary occurred on February 26, 2015, resulting in the vesting and settlement of 11,276 shares of common stock. The second anniversary occurred on February 26, 2016, resulting in the vesting and settlement of 11,276 shares of common stock. The third vesting date occurred on February 24, 2017 (the business day prior to the anniversary date which fell on a weekend), resulting in the vesting and settlement of 11,277 shares of common stock, as shown in Table I. As previously reported, on Feb. 26, 2014, the reporting person received a target grant of 33,829 performance-based RSUs that were subject to the Company's attainment of a specified one-year performance metric for the year then-ending Dec. 31, 2014. The actual number of stock units that could vest ranged from 0% to 200% of the target unit amount. The performance metric was exceeded and 200% of the target grant was awarded; therefore, these RSUs vest in one-third increments on each of the 1st, 2nd and 3rd anniversaries of the date of grant. The 1st anniversary occurred on Feb. 26, 2015, resulting in the vesting & settlement of 22,552 shares of common stock. The 2nd anniversary occurred on Feb. 26, 2016, resulting in the vesting & settlement of 22,552 shares of common stock. The 3rd vesting date occurred on Feb. 24, 2017 (the business day prior to the anniversary date which fell on a weekend), resulting in the vesting and settlement of 22,554 shares of common stock, as shown in Table I. 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 Keith B. Pitts 2017-02-28