Kevin Baird - Aug 3, 2021 Form 4 Insider Report for TENNECO INC (TEN)

Role
Executive Vice President*
Signature
/s/ Thomas J. Sabatino, Jr., Attorney-in-fact for Kevin Baird
Stock symbol
TEN
Transactions as of
Aug 3, 2021
Transactions value $
-$696,378
Form type
4
Date filed
8/5/2021, 06:52 PM
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEN Class A Common Stock Options Exercise $0 +102K $0.00 102K Aug 3, 2021 Direct F1
transaction TEN Class A Common Stock Tax liability -$696K -39.8K -38.98% $17.50 62.3K Aug 3, 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 -35.5K -33.33% $0.00 71K Aug 3, 2021 Class A Common Stock 35.5K Direct F3, F4
transaction TEN Restricted Stock Units Options Exercise $0 -66.6K -50% $0.00 66.6K Aug 3, 2021 Class A Common Stock 66.6K 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