John W. Wehrenberg - 31 Oct 2021 Form 4 Insider Report for TENNECO INC

Role
Executive Vice President*
Signature
/s/ Thomas J. Sabatino, Jr., Attorney-in-fact for John W. Wehrenberg
Issuer symbol
N/A
Transactions as of
31 Oct 2021
Net transactions value
-$263,300
Form type
4
Filing time
02 Nov 2021, 17:23:14 UTC
Previous filing
18 May 2021
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 +19,797 +111% 37,637 31 Oct 2021 Direct F1
transaction TEN Class A Common Stock Disposed to Issuer $263,300 -19,797 -53% $13.30 17,840 31 Oct 2021 Direct F1

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 -19,797 -50% $0.000000 19,797 31 Oct 2021 Class A Common Stock 19,797 Direct F1, F2
* 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 Including the 19,797 cash-settled restricted stock units reported in this Report, the Reporting Person holds an aggregate 29,680 restricted stock units and 23,117 cash-settled restricted stock units.

Remarks:

*and President Performance Solutions