Saumya Sutaria - 06 Jan 2022 Form 4 Insider Report for TENET HEALTHCARE CORP (THC)

Role
CEO, Director
Signature
Chad J. Wiener, as Attorney-in-Fact for Saumya Sutaria
Issuer symbol
THC
Transactions as of
06 Jan 2022
Net transactions value
-$12,112,786
Form type
4
Filing time
07 Jan 2022, 16:04:07 UTC
Previous filing
03 Sep 2021
Next filing
25 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THC Common Stock Options Exercise +318,327 +317% 418,658 06 Jan 2022 Direct F1, F2
transaction THC Common Stock Tax liability $12,112,786 -155,972 -37% $77.66 262,686 06 Jan 2022 Direct F3

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 2019 January Restricted Stock Units Options Exercise $0 -318,327 -100% $0.000000* 0 06 Jan 2022 Common Stock 318,327 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Saumya Sutaria is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 As previously reported, on January 31, 2019, the reporting person received a grant of 318,327 time-based restricted stock units, which vested in its entirety on January 6, 2022.
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 Time-based restricted stock units are settled in shares of the Company's common stock upon vesting.