Kevin Baird - 03 Aug 2021 Form 4 Insider Report for TENNECO INC

Role
Executive Vice President*
Signature
/s/ Thomas J. Sabatino, Jr., Attorney-in-fact for Kevin Baird
Issuer symbol
N/A
Transactions as of
03 Aug 2021
Net transactions value
-$696,378
Form type
4
Filing time
05 Aug 2021, 18:52:18 UTC
Next filing
03 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEN Class A Common Stock Options Exercise $0 +102,086 $0.000000 102,086 03 Aug 2021 Direct F1
transaction TEN Class A Common Stock Tax liability $696,378 -39,793 -39% $17.50 62,293 03 Aug 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TEN Restricted Stock Units Options Exercise $0 -35,508 -33% $0.000000 71,016 03 Aug 2021 Class A Common Stock 35,508 Direct F3, F4
transaction TEN Restricted Stock Units Options Exercise $0 -66,578 -50% $0.000000 66,578 03 Aug 2021 Class A Common Stock 66,578 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects stock acquired upon the vesting of restricted stock units granted to the Reporting Person pursuant to Rule 16b-3.
F2 Reflects disposition of shares to the Issuer in the form of share withholding to satisfy tax obligations in connection with the vesting of restricted stock units.
F3 Reflects vesting of restricted stock units granted to the Reporting Person pursuant to Rule 16b-3. Each restricted stock unit converts into one share of Class A Common Stock.
F4 Including the 71,016 and 66,578 restricted stock units reported in this Report, the Reporting Person holds an aggregate 209,927 restricted stock units.

Remarks:

*and Chief Operating Officer Exhibit List Exhibit 24 - Power of Attorney