Ronald A. Rittenmeyer - Mar 31, 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
Stock symbol: THC
Transactions as of: Mar 31, 2022
Transactions value $: -$1,906,249
Form type: 4
Date filed: 4/1/2022, 04:52 PM
Previous filing: Mar 4, 2022
Next filing: May 13, 2022

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	Mar 31, 2022	Direct	F1, F2
transaction	THC	Common Stock	Tax liability	-$1.11M	-12.9K	-3.49%	$85.96	356K	Mar 31, 2022	Direct	F3
transaction	THC	Common Stock	Options Exercise		+23.7K	+6.64%		380K	Mar 31, 2022	Direct	F2, F4
transaction	THC	Common Stock	Tax liability	-$800K	-9.31K	-2.45%	$85.96	370K	Mar 31, 2022	Direct	F3
holding	THC	Common Stock						15K	Mar 31, 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	Mar 31, 2022	Common Stock	32.7K		Direct	F1
transaction	THC	2021 February Restricted Stock Units	Options Exercise	$0	-23.7K	-25%	$0.00	71K	Mar 31, 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.