SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
BLACKSTONE MANAGEMENT ASSOCIATES IV LLC

(Last) (First) (Middle)
C/O THE BLACKSTONE GROUP L.P.
345 PARK AVENUE

(Street)
NEW YORK NY 10154

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/21/2011
3. Issuer Name and Ticker or Trading Symbol
VANGUARD HEALTH SYSTEMS INC [ VHS ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 20,585,466 I See Footnotes(1)(2)
Common Stock 385,659 I See Footnotes(1)(3)
Common Stock 1,248,232 I See Footnotes(1)(4)
Common Stock 3,601,578 I See Footnotes(1)(5)
Common Stock 782,538 I See Footnotes(1)(6)
Common Stock 1,290,366 I See Footnotes(1)(7)
Common Stock 1,487,725 I See Footnotes(1)(8)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
BLACKSTONE MANAGEMENT ASSOCIATES IV LLC

(Last) (First) (Middle)
C/O THE BLACKSTONE GROUP L.P.
345 PARK AVENUE

(Street)
NEW YORK NY 10154

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Blackstone FCH Capital Partners IV L.P.

(Last) (First) (Middle)
C/O THE BLACKSTONE GROUP L.P.
345 PARK AVENUE

(Street)
NEW YORK NY 10154

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
BLACKSTONE CAPITAL PARTNERS IV-A LP

(Last) (First) (Middle)
C/O THE BLACKSTONE GROUP L.P.
345 PARK AVENUE

(Street)
NEW YORK NY 10154

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
BLACKSTONE FAMILY INVESTMENT PARTNERSHIP IV-A LP

(Last) (First) (Middle)
C/O THE BLACKSTONE GROUP L.P.
345 PARK AVENUE

(Street)
NEW YORK NY 10154

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Blackstone Health Commitment Partners L.P.

(Last) (First) (Middle)
C/O THE BLACKSTONE GROUP L.P.
345 PARK AVENUE

(Street)
NEW YORK NY 10154

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Blackstone Health Commitment Partners-A L.P.

(Last) (First) (Middle)
C/O THE BLACKSTONE GROUP L.P.
345 PARK AVENUE

(Street)
NEW YORK NY 10154

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Blackstone FCH Capital Partners IV-A L.P.

(Last) (First) (Middle)
C/O THE BLACKSTONE GROUP L.P.
345 PARK AVENUE

(Street)
NEW YORK NY 10154

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Blackstone FCH Capital Partners IV-B L.P.

(Last) (First) (Middle)
C/O THE BLACKSTONE GROUP L.P.
345 PARK AVENUE

(Street)
NEW YORK NY 10154

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
SCHWARZMAN STEPHEN A

(Last) (First) (Middle)
C/O THE BLACKSTONE GROUP L.P.
345 PARK AVENUE

(Street)
NEW YORK NY 10154

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Blackstone Management Associates IV L.L.C. ("BMA") is the general partner of Blackstone FCH Capital Partners IV L.P., Blackstone FCH Capital Partners IV-A L.P., Blackstone FCH Capital Partners IV-B L.P., Blackstone Capital Partners IV-A L.P., Blackstone Family Investment Partnership IV-A L.P., Blackstone Health Commitment Partners L.P. and Blackstone Health Commitment Partners-A L.P. (collectively, the "Blackstone Funds"), and it may be deemed to have voting and investment power over the shares of Vanguard Health Systems, Inc. held by each of the Blackstone Funds. Mr. Stephen A. Schwarzman is a founding member of BMA and as such may be deemed to have voting and investment power over the shares held by the Blackstone Funds.
2. Represents shares held by Blackstone FCH Capital Partners IV LP.
3. Represents shares held by Blackstone Capital Partners IV-A LP.
4. Represents shares held by Blackstone Family Investment Partnership IV-A LP.
5. Represents shares held by Blackstone Health Commitment Partners LP.
6. Represents shares held by Blackstone Health Commitment Partners -A LP
7. Represents shares held by Blackstone FCH Capital Partners IV-A LP.
8. Represents shares held by Blackstone FCH Capital Partners IV-B LP.
Remarks:
Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.
BLACKSTONE MANAGEMENT ASSOCIATES IV L.L.C. /s/ Robert Friedman By: Robert L. Friedman Title: Authorized Person 06/21/2011
BLACKSTONE FCH CAPITAL PARTNERS IV LP /s/ Robert Friedman By: Robert L. Friedman Title: Authorized Person 06/21/2011
BLACKSTONE CAPITAL PARTNERS IV-A LP /s/ Robert Friedman By: Robert L. Friedman Title: Authorized Person 06/21/2011
BLACKSTONE FAMILY INVESTMENT PARTNERSHIP IV-A LP /s/ Robert Friedman By: Robert L. Friedman Title: Authorized Person 06/21/2011
BLACKSTONE HEALTH COMMITMENT PARTNERS LP /s/ Robert Friedman By: Robert L. Friedman Title: Authorized Person 06/21/2011
BLACKSTONE HEALTH COMMITMENT PARTNERS ?A LP /s/ Robert Friedman By: Robert L. Friedman Title: Authorized Person 06/21/2011
BLACKSTONE FCH CAPITAL PARTNERS IV-A LP /s/ Robert Friedman By: Robert L. Friedman Title: Authorized Person 06/21/2011
BLACKSTONE FCH CPATIAL PARTNERS IV-B LP /s/ Robert Friedman By: Robert L. Friedman Title: Authorized Person 06/21/2011
/s/ Stephen A. Schwarzman 06/21/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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