Thomas W. Arnst - 24 Feb 2022 Form 4 Insider Report for TENET HEALTHCARE CORP (THC)

Role: EVP, Chief Admin. Officer & GC
Signature: Chad J. Wiener, as Attorney-in-Fact for Thomas W. Arnst
Issuer symbol: THC
Transactions as of: 24 Feb 2022
Net transactions value: -$61,874
Form type: 4
Filing time: 28 Feb 2022, 18:02:29 UTC
Previous filing: 25 Feb 2022
Next filing: 02 Mar 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		+3,006			3,006	24 Feb 2022	Direct	F1, F2
transaction	THC	Common Stock	Tax liability	$61,874	-762	-25%	$81.20	2,244	24 Feb 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	2021 February Restricted Stock Units	Options Exercise	$0	-3,006	-27%	$0.000000	8,025	24 Feb 2022	Common Stock	3,006		Direct	F1, F4, F5

* 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 February 24, 2021, and vest equally in 1/3 increments on the first, second and third anniversaries of the grant date.
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.
F5	The amount of securities beneficially owned following the reported transaction reflects a prior transfer of securities to the former spouse of the reporting person in accordance with the terms of a divorce agreement.