Sec Form 4 Filing - Sutaria Saumya @ TENET HEALTHCARE CORP - 2022-02-24

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 Sutaria Saumya 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) CEO (Last) (First) (Middle) 14201 DALLAS PARKWAY 3. Date of Earliest Transaction (MM/DD/YY) 02/24/2022 (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 ) 02/24/2022 M 25,228 A 287,914 D Common Stock 02/24/2022 F 12,509( 3 ) D $ 81.2 275,405 D Common Stock( 4 ) 02/25/2022 M 47,962 A 323,367 D Common Stock 02/25/2022 F 23,780( 3 ) D $ 85.71 299,587 D Common Stock( 5 ) 02/25/2022 M 47,181 A 346,768 D Common Stock 02/25/2022 F 23,393( 3 ) D $ 85.71 323,375 D

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 Securities (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 2021 February Restricted Stock Units ( 1 ) 02/24/2022 M 25,228 ( 1 ) ( 1 ) Common Stock( 6 ) 25,228 $ 0 50,458 D 2020 February Restricted Stock Units ( 4 ) 02/25/2022 M 47,962 ( 4 ) ( 4 ) Common Stock( 6 ) 47,962 $ 0 47,962 D 2019 February Restricted Stock Units ( 5 ) 02/25/2022 M 47,181 ( 5 ) ( 5 ) Common Stock( 6 ) 47,181 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Sutaria Saumya 14201 DALLAS PARKWAY DALLAS, TX75254 X CEO Signatures Chad J. Wiener, as Attorney-in-Fact for Saumya Sutaria 02/28/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )As previously reported, on February 24, 2021, the reporting person received a grant of 75,686 time-based restricted stock units that vest in one-third increments on each of the first, second and third anniversaries of the date of grant. The first anniversary occurred on February 24, 2022, resulting in the vesting and settlement of 25,228 shares of common stock, as shown in Table I. The remaining 50,458 restricted stock units are shown in Table II, of which 25,229 are scheduled to vest on each of February 24, 2023, and February 24, 2024. ( 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 143,885 time-based restricted stock units that vest in one-third increments on each of the first, second and third anniversaries of the date of grant. The first anniversary occurred on February 26, 2021, resulting in the vesting and settlement of 47,961 shares of common stock. The second anniversary occurred on February 25, 2022 (the business day prior to February 26, 2022, which fell on a weekend), resulting in the vesting and settlement of 47,962 shares of common stock, as shown in Table I. The remaining 47,962 restricted stock units are shown in Table II, and are scheduled to vest on February 26, 2023. ( 5 )As previously reported, on February 27, 2019, the reporting person received a grant of 141,543 time-based restricted stock units that vest in one-third increments on each of the first, second and third anniversaries of the date of grant. The first anniversary occurred on February 27, 2020, resulting in the vesting and settlement of 47,181 shares of common stock. The second anniversary occurred on February 26, 2021 (the business day prior to February 27, 2021, which fell on a weekend), resulting in the vesting and settlement of 47,181 shares of common stock. The third anniversary occurred on February 25, 2022 (the business day prior to February 27, 2022, which fell on a weekend), resulting in the vesting and settlement of 47,181 shares of common stock, as shown in Table I. ( 6 )Time-based 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).

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