Sec Form 4 Filing - Rittenmeyer Ronald A @ TENET HEALTHCARE CORP - 2020-12-31

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Rittenmeyer Ronald A
2. Issuer Name and Ticker or Trading Symbol
TENET HEALTHCARE CORP [ THC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Chairman and CEO
(Last) (First) (Middle)
14201 DALLAS PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
12/31/2020
(Street)
DALLAS, TX75254
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ( 1 ) 12/31/2020 M 62,908 A 612,876 D
Common Stock 12/31/2020 F 21,175 ( 3 ) D $ 39.93 591,701 D
Common Stock ( 4 ) 12/31/2020 M 32,701 A 624,402 D
Common Stock 12/31/2020 F 12,868 ( 3 ) D $ 39.93 611,534 D
Common Stock 15,000 I By spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securitie s
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
2019 February Restricted Stock Units ( 1 ) 12/31/2020 M 62,908 ( 1 ) ( 1 ) Common Stock ( 5 ) 62,908 $ 0 125,816 D
2020 February Restricted Stock Units ( 4 ) 12/31/2020 M 32,701 ( 4 ) ( 4 ) Common Stock ( 5 ) 32,701 $ 0 261,610 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Rittenmeyer Ronald A
14201 DALLAS PARKWAY
DALLAS, TX75254
X Executive Chairman and CEO
Signatures
Mark R. Jackson, as Attorney-in-Fact for Ronald A. Rittenmeyer 01/05/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )Restricted stock units convert into common stock on a one-for-one basis.
( 3 )Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3.
( 4 )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.
( 5 )Restricted stock units are settled in shares of the Company's common stock upon vesting.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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