Form 4 for THC TENET HEALTHCARE CORP
Accepted 2023-03-07 00:00:00 ET · period of report 2023-03-06 · accession 0001209191-23-017027 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-07 | 2023-03-06 | THC | Ramsey R. Scott | Principal Accounting Off | M - OptEx | — | +12.6K | 4,045 | New | — |
| DM | 2023-03-07 | 2023-03-06 | THC | Ramsey R. Scott | Principal Accounting Off | F - Tax | $59.40 | -3,122 | 5,136 | -38% | -$185.4K |
| DM | 2023-03-07 | 2023-03-06 | THC | Ramsey R. Scott | Principal Accounting Off | M - OptEx | $0.00 | -12.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-06 | M | A | 1,799 | — | 5,575 | D | — | — | (F6) The restricted stock units were granted pursuant to the 2019 Stock Incentive Plan on February 26, 2020, vest equally in 1/3 increments on the first, second and third anniversaries of the grant date, and the third and final 1/3 increment settled on March 6, 2023. (F2) Restricted stock units convert into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-03-06 | F | D | 2,157 | $59.29 | 11,599 | D | — | — | (F3) The transaction reported reflects the withholding of shares of common stock in satisfaction of the Reporting Person's tax liability in connection with the settlement and vesting of time-based restricted stock units and performance-based restricted stock units granted under the 2019 Stock Incentive Plan. (F4) Represents the closing price of the common stock of the Issuer on the vesting date. |
| 3 | Common | Common Stock | 2023-03-06 | M | A | 8,620 | — | 13,756 | D | — | — | (F7) On February 26, 2020, the reporting person received a target grant of 5,396 performance-based restricted stock units, scheduled to vest on the third anniversary of the date of grant subject to the Company's attainment of specified performance goals and the level of achievement thereof. The performance goals were exceeded, and the award was certified at a payout of 8,620 units. The performance-based restricted stock units settled on March 6, 2023. (F2) Restricted stock units convert into common stock on a one-for-one basis. |
| 4 | Common | Common Stock | 2023-03-06 | M | A | 1,053 | — | 3,198 | D | — | — | (F1) The restricted stock units were granted pursuant to the 2019 Stock Incentive Plan on February 23, 2022, vest equally in 1/3 increments on the first, second and third anniversaries of the grant date, and the first 1/3 increment settled on March 6, 2023. (F2) Restricted stock units convert into common stock on a one-for-one basis. |
| 5 | Common | Common Stock | 2023-03-06 | F | D | 257 | $60.62 | 2,941 | D | — | — | (F3) The transaction reported reflects the withholding of shares of common stock in satisfaction of the Reporting Person's tax liability in connection with the settlement and vesting of time-based restricted stock units and performance-based restricted stock units granted under the 2019 Stock Incentive Plan. (F4) Represents the closing price of the common stock of the Issuer on the vesting date. |
| 6 | Common | Common Stock | 2023-03-06 | M | A | 1,104 | — | 4,045 | D | — | — | (F5) The restricted stock units were granted pursuant to the 2019 Stock Incentive Plan on February 24, 2021, vest equally in 1/3 increments on the first, second and third anniversaries of the grant date, and the second 1/3 increment settled on March 6, 2023. (F2) Restricted stock units convert into common stock on a one-for-one basis. |
| 7 | Common | Common Stock | 2023-03-06 | F | D | 269 | $59.29 | 3,776 | D | — | — | (F3) The transaction reported reflects the withholding of shares of common stock in satisfaction of the Reporting Person's tax liability in connection with the settlement and vesting of time-based restricted stock units and performance-based restricted stock units granted under the 2019 Stock Incentive Plan. (F4) Represents the closing price of the common stock of the Issuer on the vesting date. |
| 8 | Common | Common Stock | 2023-03-06 | F | D | 439 | $59.29 | 5,136 | D | — | — | (F3) The transaction reported reflects the withholding of shares of common stock in satisfaction of the Reporting Person's tax liability in connection with the settlement and vesting of time-based restricted stock units and performance-based restricted stock units granted under the 2019 Stock Incentive Plan. (F4) Represents the closing price of the common stock of the Issuer on the vesting date. |
| 9 | Derivative | 2020 February Performance-Based Restricted Stock Units | 2023-03-06 | M | D | 8,620 | $0.00 | 0 | D | — · — to — | 8,620 Common Stock | (F7) On February 26, 2020, the reporting person received a target grant of 5,396 performance-based restricted stock units, scheduled to vest on the third anniversary of the date of grant subject to the Company's attainment of specified performance goals and the level of achievement thereof. The performance goals were exceeded, and the award was certified at a payout of 8,620 units. The performance-based restricted stock units settled on March 6, 2023. |
| 10 | Derivative | 2022 February Restricted Stock Units | 2023-03-06 | M | D | 1,053 | $0.00 | 2,107 | D | — · — to — | 1,053 Common Stock | (F1) The restricted stock units were granted pursuant to the 2019 Stock Incentive Plan on February 23, 2022, vest equally in 1/3 increments on the first, second and third anniversaries of the grant date, and the first 1/3 increment settled on March 6, 2023. |
| 11 | Derivative | 2021 February Restricted Stock Units | 2023-03-06 | M | D | 1,104 | $0.00 | 1,104 | D | — · — to — | 1,104 Common Stock | (F5) The restricted stock units were granted pursuant to the 2019 Stock Incentive Plan on February 24, 2021, vest equally in 1/3 increments on the first, second and third anniversaries of the grant date, and the second 1/3 increment settled on March 6, 2023. |
| 12 | Derivative | 2020 February Restricted Stock Units | 2023-03-06 | M | D | 1,799 | $0.00 | 0 | D | — · — to — | 1,799 Common Stock | (F6) The restricted stock units were granted pursuant to the 2019 Stock Incentive Plan on February 26, 2020, vest equally in 1/3 increments on the first, second and third anniversaries of the grant date, and the third and final 1/3 increment settled on March 6, 2023. |