Ronald A. Rittenmeyer - 31 Mar 2022 Form 4 Insider Report for TENET HEALTHCARE CORP (THC)

Role
Executive Chairman, Director
Signature
Chad J. Wiener, as Attorney-in-Fact for Ronald A. Rittenmeyer
Issuer symbol
THC
Transactions as of
31 Mar 2022
Transactions value $
-$1,906,249
Form type
4
Filing time
01 Apr 2022, 16:52:43 UTC
Previous filing
04 Mar 2022
Next filing
13 May 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 +32.7K +9.73% 369K 31 Mar 2022 Direct F1, F2
transaction THC Common Stock Tax liability -$1.11M -12.9K -3.49% $85.96 356K 31 Mar 2022 Direct F3
transaction THC Common Stock Options Exercise +23.7K +6.64% 380K 31 Mar 2022 Direct F2, F4
transaction THC Common Stock Tax liability -$800K -9.31K -2.45% $85.96 370K 31 Mar 2022 Direct F3
holding THC Common Stock 15K 31 Mar 2022 By spouse

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 February Restricted Stock Units Options Exercise $0 -32.7K -25% $0.00 98.1K 31 Mar 2022 Common Stock 32.7K Direct F1
transaction THC 2021 February Restricted Stock Units Options Exercise $0 -23.7K -25% $0.00 71K 31 Mar 2022 Common Stock 23.7K Direct F4
* 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 26, 2020, and vest and settle in eleven equal quarterly installments.
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 February 24, 2021, and vest and settle in eight equal quarterly installments.