Thomas W. Arnst - Feb 28, 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
Stock symbol
THC
Transactions as of
Feb 28, 2022
Transactions value $
-$245,329
Form type
4
Date filed
3/2/2022, 04:10 PM
Previous filing
Feb 28, 2022
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THC Common Stock Options Exercise +4.38K +195.14% 6.62K Feb 28, 2022 Direct F1, F2
transaction THC Common Stock Tax liability -$91.8K -1.07K -16.11% $85.99 5.56K Feb 28, 2022 Direct F3
transaction THC Common Stock Options Exercise +4.97K +89.49% 10.5K Feb 28, 2022 Direct F2, F4
transaction THC Common Stock Tax liability -$154K -1.79K -16.96% $85.99 8.74K Feb 28, 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 -4.38K -44.19% $0.00 5.53K Feb 28, 2022 Common Stock 4.38K Direct F1, F5, F6
transaction THC 2019 July Restricted Stock Units Options Exercise $0 -4.97K -100% $0.00* 0 Feb 28, 2022 Common Stock 4.97K 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.