Statement of Changes in Beneficial Ownership (4)
December 03 2019 - 4:49PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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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
*
Rittenmeyer Ronald A |
2. Issuer Name and Ticker or Trading Symbol
TENET HEALTHCARE CORP
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THC
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Executive Chairman and CEO |
(Last)
(First)
(Middle)
1445 ROSS AVENUE, SUITE 1400 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
11/29/2019 |
(Street)
DALLAS, TX 75202
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock (1) | 11/29/2019 | | M | | 36083 | A | (2) | 315876 | D | |
Common Stock | 11/29/2019 | | F | | 14199 (3) | D | $32.20 | 301677 | D | |
Common Stock (4) | 11/29/2019 | | M | | 7307 | A | (2) | 308984 | D | |
Common Stock | 11/29/2019 | | F | | 2876 (3) | D | $32.20 | 306108 | D | |
Common Stock | | | | | | | | 15000 | I | By spouse |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
2018 March Restricted Stock Units | (1) | 11/29/2019 | | M | | | 36083 | (1) | (1) | Common Stock (5) | 36083 | $0.00 | 36083 | D | |
2018 June Restricted Stock Units | (4) | 11/29/2019 | | M | | | 7307 | (4) | (4) | Common Stock (5) | 7307 | $0.00 | 7307 | D | |
Explanation of Responses: |
(1) | As previously reported, on March 29, 2018, the reporting person received a grant of 288,660 time-based restricted stock units that vest and settle in eight equal quarterly installments. The seventh vesting date occurred on November 29, 2019 (the business day prior to December 1, 2019, which fell on a weekend), resulting in the vesting and settlement of 36,083 shares of common stock, as shown in Table I. The remaining 36,083 restricted stock units are shown in Table II. |
(2) | Restricted stock units convert into common stock on a one-for-one basis. |
(3) | Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3. |
(4) | As previously reported, on June 29, 2018, the reporting person received a grant of 51,146 time-based restricted stock units that vest and settle in seven equal quarterly installments. The sixth vesting date occurred on November 29, 2019 (the business day prior to December 1, 2019, which fell on a weekend), resulting in the vesting and settlement of 7,307 shares of common stock, as shown in Table I. The remaining 7,307 restricted stock units are shown in Table II. |
(5) | Restricted stock units are settled in shares of the Company's common stock upon vesting. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Rittenmeyer Ronald A 1445 ROSS AVENUE, SUITE 1400 DALLAS, TX 75202 | X |
| Executive Chairman and CEO |
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Signatures
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Mark R. Jackson, as Attorney-in-Fact for Ronald A. Rittenmeyer | | 12/3/2019 |
**Signature of Reporting Person | Date |
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