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: 3/2/2021ACC: 0001209191-21-016444

InsiderANDREWS AUDREY T.CIK 1568933

→

IssuerTENET HEALTHCARE CORPCIK 70318

Officer· SVP and General Counsel

Since Feb 2019

-9.10K

Net shares

Net seller

$464.0K

Total sold

Open market trades

0B · 0S

Total transactions

22.98K acquired · 32.08K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+8.99K

Price / share

—

Trade value

—

% of position

17.4%

2/26/2021

51.66K→60.65K

Common Stock

Direct

F · Tax Withholding

−3.59K

Price / share

$51.02

Trade value

$183.16K

% of position

5.9%

2/26/2021

60.65K→57.06K

Common Stock

Direct

M · Option Exercise

+5.90K

Price / share

—

Trade value

—

% of position

10.3%

2/26/2021

57.06K→62.96K

Common Stock

Direct

F · Tax Withholding

−2.32K

Price / share

$51.02

Trade value

$118.42K

% of position

3.7%

2/26/2021

62.96K→60.64K

Common Stock

Direct

M · Option Exercise

+8.09K

Price / share

—

Trade value

—

% of position

13.3%

2/26/2021

60.64K→68.73K

Common Stock

Direct

F · Tax Withholding

−3.18K

Price / share

$51.02

Trade value

$162.45K

% of position

4.6%

2/26/2021

68.73K→65.55K

Total

Net shares

+13.89K

Net value

-$464.03K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/26/2021	M · Option Exercise	+8.99K	—	—	17.4%	51.66K	60.65K
Common Stock Direct	2/26/2021	F · Tax Withholding	−3.59K	$51.02	$183.16K	5.9%	60.65K	57.06K
Common Stock Direct	2/26/2021	M · Option Exercise	+5.90K	—	—	10.3%	57.06K	62.96K
Common Stock Direct	2/26/2021	F · Tax Withholding	−2.32K	$51.02	$118.42K	3.7%	62.96K	60.64K
Common Stock Direct	2/26/2021	M · Option Exercise	+8.09K	—	—	13.3%	60.64K	68.73K
Common Stock Direct	2/26/2021	F · Tax Withholding	−3.18K	$51.02	$162.45K	4.6%	68.73K	65.55K
Total			+13.89K		-$464.03K

Derivative Transactions3

2020 February Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

8.99K shares

−8.99K

Strike price

Held after

17.99K

Exercisable

—

2/26/2021

2019 February Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

5.90K shares

−5.90K

Strike price

Held after

5.90K

Exercisable

—

2/26/2021

2018 February Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

8.09K shares

−8.09K

Strike price

Held after

0.00

Exercisable

—

2/26/2021

Security	Converts To	Date	Type	Shares	Exercisable	Held After
2020 February Restricted Stock Units Direct	Common Stock8.99K shares	2/26/2021	M · Option Exercise	−8.99K	—	17.99K
2019 February Restricted Stock Units Direct	Common Stock5.90K shares	2/26/2021	M · Option Exercise	−5.90K	—	5.90K
2018 February Restricted Stock Units Direct	Common Stock8.09K shares	2/26/2021	M · Option Exercise	−8.09K	—	0.00