ANDREWS AUDREY T. (SVP and General Counsel) exercised options at TENET HEALTHCARE CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

ANDREWS AUDREY T.

Filed: 3/2/2020ACC: 0001209191-20-014775

InsiderANDREWS AUDREY T.CIK 1568933

→

IssuerTENET HEALTHCARE CORPCIK 70318

Officer· SVP and General Counsel

Since Feb 2019

-5.63K

Net shares

Net seller

$148.7K

Total sold

Open market trades

0B · 0S

Total transactions

22.77K acquired · 28.40K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+5.90K

Price / share

—

Trade value

—

% of position

10.4%

2/27/2020

56.60K→62.50K

Common Stock

Direct

F · Tax Withholding

−1.52K

Price / share

$26.74

Trade value

$40.70K

% of position

2.4%

2/27/2020

62.50K→60.98K

Common Stock

Direct

M · Option Exercise

+8.09K

Price / share

—

Trade value

—

% of position

13.3%

2/28/2020

60.98K→69.07K

Common Stock

Direct

F · Tax Withholding

−1.97K

Price / share

$26.28

Trade value

$51.80K

% of position

2.9%

2/28/2020

69.07K→67.10K

Common Stock

Direct

M · Option Exercise

+8.78K

Price / share

—

Trade value

—

% of position

13.1%

2/28/2020

67.10K→75.87K

Common Stock

Direct

F · Tax Withholding

−2.14K

Price / share

$26.28

Trade value

$56.19K

% of position

2.8%

2/28/2020

75.87K→73.74K

Total

Net shares

+17.13K

Net value

-$148.68K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/27/2020	M · Option Exercise	+5.90K	—	—	10.4%	56.60K	62.50K
Common Stock Direct	2/27/2020	F · Tax Withholding	−1.52K	$26.74	$40.70K	2.4%	62.50K	60.98K
Common Stock Direct	2/28/2020	M · Option Exercise	+8.09K	—	—	13.3%	60.98K	69.07K
Common Stock Direct	2/28/2020	F · Tax Withholding	−1.97K	$26.28	$51.80K	2.9%	69.07K	67.10K
Common Stock Direct	2/28/2020	M · Option Exercise	+8.78K	—	—	13.1%	67.10K	75.87K
Common Stock Direct	2/28/2020	F · Tax Withholding	−2.14K	$26.28	$56.19K	2.8%	75.87K	73.74K
Total			+17.13K		-$148.68K

Derivative Transactions3

2019 February Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

5.90K shares

−5.90K

Strike price

Held after

11.80K

Exercisable

—

2/27/2020

2018 February Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

8.09K shares

−8.09K

Strike price

Held after

8.09K

Exercisable

—

2/28/2020

2017 March Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

8.78K shares

−8.78K

Strike price

Held after

0.00

Exercisable

—

2/28/2020

Security	Converts To	Date	Type	Shares	Exercisable	Held After
2019 February Restricted Stock Units Direct	Common Stock5.90K shares	2/27/2020	M · Option Exercise	−5.90K	—	11.80K
2018 February Restricted Stock Units Direct	Common Stock8.09K shares	2/28/2020	M · Option Exercise	−8.09K	—	8.09K
2017 March Restricted Stock Units Direct	Common Stock8.78K shares	2/28/2020	M · Option Exercise	−8.78K	—	0.00