Thomas W. Arnst - 28 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
28 Feb 2022
Net transactions value
-$245,329
Form type
4
Filing time
02 Mar 2022, 16:10:42 UTC
Previous filing
28 Feb 2022
Next filing
04 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 +4,379 +195% 6,623 28 Feb 2022 Direct F1, F2
transaction THC Common Stock Tax liability $91,751 -1,067 -16% $85.99 5,556 28 Feb 2022 Direct F3
transaction THC Common Stock Options Exercise +4,972 +89% 10,528 28 Feb 2022 Direct F2, F4
transaction THC Common Stock Tax liability $153,578 -1,786 -17% $85.99 8,742 28 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 2020 June Restricted Stock Units Options Exercise $0 -4,379 -44% $0.000000 5,531 28 Feb 2022 Common Stock 4,379 Direct F1, F5, F6
transaction THC 2019 July Restricted Stock Units Options Exercise $0 -4,972 -100% $0.000000* 0 28 Feb 2022 Common Stock 4,972 Direct F4, F5, F6
* 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 June 2, 2020, and vest in one-half increments on February 28, 2022 and February 28, 2023.
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 The restricted stock units were granted pursuant to the 2019 Stock Incentive Plan on July 9, 2019, and vest in full on February 28, 2022.
F5 Time-based restricted stock units are settled in shares of the Company's common stock upon vesting.
F6 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.