Saumya Sutaria - Mar 1, 2024 Form 4 Insider Report for TENET HEALTHCARE CORP (THC)

Role
Chairman & CEO, Director
Signature
Chad J. Wiener, as Attorney-in-Fact for Saumya Sutaria
Stock symbol
THC
Transactions as of
Mar 1, 2024
Transactions value $
-$1,738,708
Form type
4
Date filed
3/5/2024, 08:00 PM
Previous filing
Mar 1, 2024
Next filing
Apr 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THC Common Stock Options Exercise +36.4K +7.6% 515K Mar 1, 2024 Direct F1
transaction THC Common Stock Tax liability -$1.74M -18.4K -3.58% $94.29 497K Mar 1, 2024 Direct F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction THC 2023 March Restricted Stock Units Options Exercise $0 +36.4K +100% $0.00 72.8K Mar 1, 2024 Common Stock 36.4K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock units convert into common stock on a one-for-one basis.
F2 Represents the closing price of the common stock of the Issuer on March 1, 2024.
F3 The restricted stock units were granted pursuant to the 2019 Stock Incentive Plan on March 1, 2023, vest equally in 1/3 increments on the first, second, and third anniversaries of the grant date, and the first 1/3 increment vested on March 1, 2024.
F4 Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3.