John Patouhas - Feb 1, 2022 Form 4 Insider Report for TENNECO INC (TEN)

Role
Vice President*
Signature
/s/ Thomas J. Sabatino, Jr., Attorney-in-fact for John S. Patouhas
Stock symbol
TEN
Transactions as of
Feb 1, 2022
Transactions value $
-$13,643
Form type
4
Date filed
2/3/2022, 06:08 PM
Next filing
Feb 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEN Class A Common Stock Award $0 +920 +35.56% $0.00 3.51K Feb 1, 2022 Direct F1
transaction TEN Class A Common Stock Tax liability -$2.81K -264 -7.53% $10.63 3.24K Feb 1, 2022 Direct F2
transaction TEN Class A Common Stock Options Exercise $0 +3.62K +111.53% $0.00 6.86K Feb 2, 2022 Direct F3
transaction TEN Class A Common Stock Tax liability -$10.8K -1.04K -15.09% $10.47 5.83K Feb 2, 2022 Direct F4

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 Award $0 +11K $0.00 11K Feb 1, 2022 Class A Common Stock 11K Direct F5, F6
transaction TEN Restricted Stock Units Options Exercise $0 -3.62K -33.33% $0.00 7.23K Feb 2, 2022 Class A Common Stock 3.62K Direct F6, F7
* 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 performance share 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 performance share units.
F3 Reflects stock acquired upon the vesting of restricted stock units granted to the Reporting Person pursuant to Rule 16b-3.
F4 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.
F5 Reflects restricted stock units granted to the Reporting Person pursuant to Section 16b-3, one third of which vest on each of the first three anniversaries of the grant date. Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock.
F6 After giving effect to the transactions reported in this Report, the Reporting Person holds an aggregate 24,018 restricted stock units and 2,846 cash-settled restricted stock units.
F7 Reflects vesting of restricted stock units granted to the Reporting Person pursuant to Rule 16b-3, one third of which vest on each of the first three anniversaries of the grant date. Each restricted stock unit converts into one share of Class A Common Stock.

Remarks:

*and Chief Accounting Officer