Thomas W. Arnst - Feb 24, 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 24, 2022
Transactions value $
-$61,874
Form type
4
Date filed
2/28/2022, 06:02 PM
Previous filing
Feb 25, 2022
Next filing
Mar 2, 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 +3.01K 3.01K Feb 24, 2022 Direct F1, F2
transaction THC Common Stock Tax liability -$61.9K -762 -25.35% $81.20 2.24K Feb 24, 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 -3.01K -27.25% $0.00 8.03K Feb 24, 2022 Common Stock 3.01K 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.