TENET HEALTHCARE CORP — Director's Dealing 2021

Jan 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TENET HEALTHCARE CORP (THC)
CIK: 0000070318
Period of Report: 2020-12-31

Reporting Person: Rittenmeyer Ronald A (Director, Executive Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-31	Common Stock	M	62908	—	Acquired	612876	Direct
2020-12-31	Common Stock	F	21175	$39.93	Disposed	591701	Direct
2020-12-31	Common Stock	M	32701	—	Acquired	624402	Direct
2020-12-31	Common Stock	F	12868	$39.93	Disposed	611534	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-31	2019 February Restricted Stock Units	$	M	62908	Disposed		Common Stock (62908)	Direct
2020-12-31	2020 February Restricted Stock Units	$	M	32701	Disposed		Common Stock (32701)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15000	Indirect

Footnotes

F1: As previously reported, on February 27, 2019, the reporting person received a grant of 566,172 time-based restricted stock units that vest and settle in nine equal quarterly installments. The seventh vesting date occurred on December 31, 2020, resulting in the vesting and settlement of 62,908 shares of common stock, as shown in Table I. The remaining 125,816 restricted stock units are shown in Table II.

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: As previously reported, on February 26, 2020, the reporting person received a grant of 359,713 time-based restricted stock units that vest and settle in eleven equal quarterly installments. The third vesting date occurred on December 31, 2020, resulting in the vesting and settlement of 32,701 shares of common stock, as shown in Table I. The remaining 261,610 restricted stock units are shown in Table II.

F5: Restricted stock units are settled in shares of the Company's common stock upon vesting.