Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
PITTS KEITH B
  2. Issuer Name and Ticker or Trading Symbol
TENET HEALTHCARE CORP [THC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice Chairman
(Last)
(First)
(Middle)
1445 ROSS AVENUE, SUITE 1400
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2015
(Street)

DALLAS, TX 75202
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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) 02/26/2015   M   11,276 A (2) 49,607 D  
Common Stock 02/26/2015   D   4,731 (3) D $ 46.74 44,876 D  
Common Stock (4) 02/26/2015   M   22,552 A (2) 67,428 D  
Common Stock 02/26/2015   D   9,322 (3) D $ 46.74 58,106 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
2014 February Restricted Stock Units (1) 02/26/2015   M     11,276   (1)   (1) Common Stock (5) 11,276 $ 0 22,553 D  
2014 February Performance-Based Restricted Stock Units (4) 02/26/2015   M     22,552   (4)   (4) Common Stock (5) 22,552 $ 0 45,106 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
PITTS KEITH B
1445 ROSS AVENUE
SUITE 1400
DALLAS, TX 75202
      Vice Chairman  

Signatures

 Anthony L. Shoemaker, as Attorney-in-Fact for Keith B. Pitts   03/02/2015
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) As previously reported, on February 26, 2014, the reporting person received a grant of 33,829 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, 2015, resulting in the vesting and settlement of 11,276 shares of common stock as shown above in Table I. The remaining 22,553 restricted stock units are shown in Table II, of which 11,276 and 11,277 are scheduled to vest on February 26, 2016 and February 26, 2017, respectively.
(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, 2014, the reporting person received a target grant of 33,829 performance-based restricted stock units that were subject to the Company's attainment of a specified one-year performance metric for the year then-ending December 31, 2014. The actual number of stock units that could vest ranged from 0% to 200% of the target unit amount. The performance metric was exceeded and 200% of the target grant was awarded; therefore, these restricted stock units 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, 2015, resulting in the vesting and settlement of 22,552 shares of common stock, as shown in Table I. The remaining 45,106 performance restricted stock units are shown in Table II, of which 22,552 and 22,554 are scheduled to vest on February 26, 2016 and February 26, 2017, respectively.
(5) Both time-based restricted stock units and performance-based restricted stock units are settled in shares of the Company's common stock upon vesting.

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