Lisa Y. Foo - Mar 1, 2024 Form 4 Insider Report for TENET HEALTHCARE CORP (THC)

Role
EVP, Commercial Ops
Signature
Chad J. Wiener, as Attorney-in-Fact for Lisa Y. Foo
Stock symbol
THC
Transactions as of
Mar 1, 2024
Transactions value $
-$178,208
Form type
4
Date filed
3/5/2024, 08:00 PM
Previous filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THC Common Stock Options Exercise +4.2K +24.32% 21.5K Mar 1, 2024 Direct F2
transaction THC Common Stock Tax liability -$178K -1.89K -8.81% $94.29 19.6K Mar 1, 2024 Direct F3, F4

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 2023 March Restricted Stock Units Options Exercise $0 +4.2K +99.98% $0.00 8.4K Mar 1, 2024 Common Stock 4.2K Direct F1
* 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 March 1, 2023, vest equally in 1/3 increments on the first, second and third anniversaries of the grant date, and the first 1/3 increment vested on March 1, 2024.
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 Represents the closing price of the common stock of the Issuer on March 1, 2024.