Kaled Awada - Oct 31, 2021 Form 4 Insider Report for TENNECO INC (TEN)

Role: Senior Vice President*
Signature: /s/ Thomas J. Sabatino, Jr., Attorney-in-fact for Kaled Awada
Stock symbol: TEN
Transactions as of: Oct 31, 2021
Transactions value $: -$752,261
Form type: 4
Date filed: 11/2/2021, 05:16 PM
Previous filing: May 12, 2021
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		+56.6K	+350.29%		72.7K	Oct 31, 2021	Direct	F1
transaction	TEN	Class A Common Stock	Disposed to Issuer	-$752K	-56.6K	-77.79%	$13.30	16.1K	Oct 31, 2021	Direct	F1
holding	TEN	Class A Common Stock						7.8K	Oct 31, 2021	By 401(k)	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	Cash-Settled Restricted Stock Units	Options Exercise	$0	-56.6K	-50%	$0.00	56.6K	Oct 31, 2021	Class A Common Stock	56.6K		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects vesting of cash-settled restricted stock units granted to the Reporting Person pursuant to Rule 16b-3. Each cash-settled restricted stock unit represents the contingent right to receive the fair market value of one share of Class A Common Stock on the vesting date. Vesting of cash-settled restricted stock units is reported as a deemed acquisition and disposition of the number of shares of Class A Common Stock underlying the vested restricted stock units.
F2	Reflects shares allocated to, and indirectly held by, the Reporting Person under the Issuer's 401(k) Plan.
F3	Including the 56,561 cash-settled restricted stock units reported in this Report, the Reporting Person holds an aggregate 55,338 restricted stock units and 64,149 cash-settled restricted stock units.

Remarks:

*and Chief Human Resources Officer