X0303 4 2010-02-25 0 0000070318 TENET HEALTHCARE CORP THC 0001427971 Fraser Cathy 1445 ROSS AVENUE SUITE 1400 DALLAS TX 75202 0 1 0 0 Senior Vice President Common Stock 41063 D 2010 February Option (Right to Buy) 5.03 2010-02-25 4 A 0 16164 0.00 A 2020-02-25 Common Stock 16164 16164 D 2010 February Restricted Units 2010-02-25 4 A 0 27902 0.00 A Common Stock 27902 27902 D (CF) On February 25, 2010, the reporting person also received a grant of 16,164 performance stock options and 27,902 performance restricted units. These grants are subject to the issuer's attainment of a specified one-year performance metric for the year ending December 31, 2010. If the performance metric is not met, the grants will be forfeited. If the performance metric is met, the grants will vest ratably over a three-year period from the grant date. These derivative securities (stock options) vest ratably on each of the first, second and third anniversaries of the date of grant. These restricted units vest ratably on each of the first, second and third anniversaries of the date of grant. Restricted units are settled in shares of the Company's common stock upon vesting. /s/ Cathy Fraser 2010-02-26