0001209191-13-013600.txt : 20130304
0001209191-13-013600.hdr.sgml : 20130304
20130304194004
ACCESSION NUMBER: 0001209191-13-013600
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130228
FILED AS OF DATE: 20130304
DATE AS OF CHANGE: 20130304
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Fraser Cathy
CENTRAL INDEX KEY: 0001427971
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07293
FILM NUMBER: 13663350
MAIL ADDRESS:
STREET 1: 13737 NOEL ROAD
STREET 2: SUITE 100
CITY: DALLAS
STATE: TX
ZIP: 75240
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: 469-893-2701
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
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2013-02-28
0
0000070318
TENET HEALTHCARE CORP
THC
0001427971
Fraser Cathy
1445 ROSS AVENUE
SUITE 1400
DALLAS
TX
75202
0
1
0
0
Senior Vice President
Common Stock
2013-02-28
4
M
0
1667
0.00
A
73575
D
Common Stock
2013-02-28
4
F
0
456
39.31
D
73119
D
Common Stock
2013-02-28
4
M
0
1667
0.00
A
74786
D
Common Stock
2013-02-28
4
F
0
456
39.31
D
74330
D
2012 February Performance-Based Restricted Units
2013-02-28
4
M
0
1667
0.00
D
Common Stock
1667
3333
D
2012 February Restricted Stock Units
2013-02-28
4
M
0
1667
0.00
D
Common Stock
1667
3333
D
2013 February Restricted Stock Units
2013-02-28
4
A
0
10176
0.00
A
Common Stock
10176
10176
D
2013 February Option (Right to Buy)
39.31
2013-02-28
4
A
0
24064
0.00
A
2018-02-28
Common Stock
24064
24064
D
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.
As previously reported, on February 29, 2012, the reporting person received a grant of 5,000 performance restricted units that were subject to the Company's attainment of a specified one-year performance metric for the year then-ending December 31, 2012. The performance metric was met; therefore, these restricted units vest ratably on each of the first, second and third anniversaries of the date of grant. The first anniversary occurred on February 28, 2013, resulting in the vesting and settlement of 1,667 shares of common stock, as shown in
Table I. The remaining 3,333 performance restricted units are shown in Table II, of which 1,667 are scheduled to vest on February 28, 2014 and 1,666 are scheduled to vest on February 28, 2015. Restricted units are settled in shares of the Company's common stock upon vesting.
Shares withheld for payment of taxes upon vesting of restricted units in accordance with Rule 16b-3.
As previously reported, on February 29, 2012, the reporting person received a grant of 5,000 restricted units that vest ratably on each of the first, second and third anniversaries of the date of grant. The first anniversary occurred on February 28, 2013, resulting in the vesting and settlement of 1,667 shares of common stock, as shown in Table I. The remaining 3,333 restricted units are shown in Table II, of which 1,667 are scheduled to vest on February 28, 2014 and 1,666 are scheduled to vest on February 28, 2015. Restricted units are settled in shares of the Company's common stock upon vesting.
On February 28, 2013, the reporting person also received a grant of performance restricted units, the target amount of which is 10,176 units. The vesting of the units is contingent upon the Company's achievement of a specified one-year performance goal for the year ending December 31, 2013. Provided the goal is achieved, the units will vest ratably over a three-year period from the grant date. If the performance goal is not achieved, the units will be forfeited. The actual number of units that could vest will range from 0% to 200% of the target unit amount, depending on the Company's level of achievement with respect to the performance goal.
These restricted units vest ratably on each of the first, second and third anniversaries of the date of grant. Restricted units are settled in shares of the Company's common stock upon vesting.
These derivative securities (stock options) vest on the third anniversary of the date of grant.
/s/ Jeffrey S. McFall, Attorney-in-Fact
for Cathy Fraser
2013-03-04