SEC Form 4
FORM 4

[ ] Check this box if no longer
subject to Section 16. Form 4 or Form
5 obligations may continue.
See Instruction 1(b).

(Print or Type Responses)
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
OMB APPROVAL



OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden
hours per response. . . . . 0.5
1. Name and Address of Reporting Person*
Barbakow, Jeffrey     C.

(Last)                      (First)                      (Middle)
3820 State Street


(Street)
Santa Barbara, CA     93105

(City)                      (State)                      (Zip)

2. Issuer Name and Ticker or Trading Symbol

Tenet Healthcare Corporation   THC
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

           X          Director                           10% Owner
           X          Officer                             Other
          Chairman and Chief Executive Officer

7. Individual or Joint/Group Filing (Check Applicable Line)

X   Form filed by One Reporting Person
      Form filed by More than One Reporting Person
3. I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (voluntary)
4. Statement for
    Month/Day/Year

    February 24, 2003


5. If Amendment,
    Date of Original
    (Month/Day/Year)
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
    and
    Voluntary
    Code
    (Instr. 8)



Code  |  V    
4. Securities Acquired (A) or Disposed (D) Of
    (Instr. 3, 4, and 5)





        Amount      |         A/D         |         Price          
5. Amount of
    Securities
    Beneficially
    Owned
    Following
    Reported
Transaction(s)

    (Instr. 3 and 4)
6. Owner-
    ship
    Form:
    Direct(D)
    or
    Indirect (I)

    (Instr. 4)
7. Nature of
     Indirect
     Beneficial
     Ownership

    (Instr. 4)
Common Stock




11585
D

Common Stock




18270
I
By Immediate Family
Common Stock




1640100
I
By Trust








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).

Persons who respond to the collection of information contained in this form are not required to
respond unless the form displays a currently valid OMB control number.
(over)
SEC 1474 (9-02)

Barbakow, Jeffrey C. - February 24, 2003
Form 4 (continued)
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. Conver-
    sion or
    Exercise
    Price of
    Deri-
    vative
    Security
3. Transaction
    Date

    (Month/
    Day/
    Year)
3A. Deemed
      Execution
      Date, if
      any

      (Month/
      Day/
      Year)
4. Transaction
    Code
    and
    Voluntary (V)
    Code
    (Instr.8)



Code | V    
5. Number of Derivative
    Securities Acquired (A)
    or Disposed (D) Of

    (Instr. 3,4 and 5)
6. Date Exercisable(DE) and
    Expiration Date(ED)
    (Month/Day/Year)






  (DE)     |     (ED)  
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
    Transactions
    (Instr.4)
10.
Owner-
ship
Form of
Deriv-
ative
Security:
Direct
(D)
or
Indirect
(I)
(Instr.4)
11. Nature of
      Indirect
      Beneficial
      Ownership
      (Instr.4)
Stock Units (1)
$0.00 02/24/2003 02/24/2003
   A |     
    (A) 135,865
(2) | (2)
Common Stock - 135,865 $17.75 135,865
D

1993 B Option (Right to Buy)
$7.75



Vest Ratably | 12/01/2003
Common Stock - 147,000
147,000
D

1995 Option (Right to Buy)
$9.25



Vest Ratably | 01/23/2005
Common Stock - 750,000
750,000
D

1996 B Option (Right to Buy)
$14.42



Vest Ratably | 06/01/2006
Common Stock - 1,350,000
1,350,000
D

1998 A Option (Right to Buy)
$20.29



Vest Ratably | 06/24/2008
Common Stock - 2,250,000
2,250,000
D

2001 A Option (Right to Buy)
$30.17



Vest Ratably (3) | 05/29/2011
Common Stock - 1,500,000
1,500,000
D

2001 B Option (Right to Buy)
$30.28



Vest Ratably (4) | 06/01/2011
Common Stock - 1,500,000
1,500,000
D













Explanation of Responses :


** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
        See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:   File three copies of this Form, one of which must be manually signed. If space is insufficient,
            see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB number.
/s/ Jeffrey C. Barbakow               __________________
** Signature of Reporting Person                         Date




Page 2

Barbakow, Jeffrey C. - February 24, 2003
Form 4 (continued)
FOOTNOTE Descriptions for Tenet Healthcare Corporation THC

Form 4 - February 2003

Jeffrey C. Barbakow
3820 State Street

Santa Barbara, CA 93105

Explanation of responses:

(1)   These Stock Units were accrued under the Company's Deferred Compensation Plan.
(2)   Stock Units are settled in shares of the Company's common stock upon termination of service.
Page 3