R. Scott Ramsey - 01 Mar 2024 Form 4 Insider Report for TENET HEALTHCARE CORP (THC)

Signature
Chad J. Wiener, as Attorney-in-fact for R. Scott Ramsey
Issuer symbol
THC
Transactions as of
01 Mar 2024
Net transactions value
-$32,153
Form type
4
Filing time
05 Mar 2024, 20:00:23 UTC
Previous filing
01 Mar 2024
Next filing
06 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THC Common Stock Options Exercise +1,399 +8.3% 18,264 01 Mar 2024 Direct F2
transaction THC Common Stock Tax liability $32,153 -341 -1.9% $94.29 17,923 01 Mar 2024 Direct F3, 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 +1,399 +100% $0.000000 2,800 01 Mar 2024 Common Stock 1,399 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3.
F4 Represents the closing price of the common stock of the Issuer on March 1, 2024