John Patouhas - 01 Feb 2022 Form 4 Insider Report for TENNECO INC

Role
Vice President*
Signature
/s/ Thomas J. Sabatino, Jr., Attorney-in-fact for John S. Patouhas
Issuer symbol
N/A
Transactions as of
01 Feb 2022
Net transactions value
-$13,643
Form type
4
Filing time
03 Feb 2022, 18:08:54 UTC
Next filing
07 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 Award $0 +920 +36% $0.000000 3,507 01 Feb 2022 Direct F1
transaction TEN Class A Common Stock Tax liability $2,806 -264 -7.5% $10.63 3,243 01 Feb 2022 Direct F2
transaction TEN Class A Common Stock Options Exercise $0 +3,617 +112% $0.000000 6,860 02 Feb 2022 Direct F3
transaction TEN Class A Common Stock Tax liability $10,836 -1,035 -15% $10.47 5,825 02 Feb 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 +10,989 $0.000000 10,989 01 Feb 2022 Class A Common Stock 10,989 Direct F5, F6
transaction TEN Restricted Stock Units Options Exercise $0 -3,617 -33% $0.000000 7,234 02 Feb 2022 Class A Common Stock 3,617 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