Matti Masanovich - Feb 1, 2022 Form 4 Insider Report for TENNECO INC (TEN)

Role
Executive Vice President*
Signature
/s/ Thomas J. Sabatino, Jr., Attorney-in-fact for Matti Masanovich
Stock symbol
TEN
Transactions as of
Feb 1, 2022
Transactions value $
$0
Form type
4
Date filed
2/3/2022, 06:21 PM
Previous filing
Aug 12, 2021
Next filing
Aug 12, 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 +21.7K +75.25% $0.00 50.5K Feb 2, 2022 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 Restricted Stock Units Award $0 +73.3K $0.00 73.3K Feb 1, 2022 Class A Common Stock 73.3K Direct F2, F3
transaction TEN Restricted Stock Units Options Exercise $0 -21.7K -33.33% $0.00 43.4K Feb 2, 2022 Class A Common Stock 21.7K 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 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.
F3 After giving effect to the transactions reported in this Report, the Reporting Person holds an aggregate 223,185 restricted stock units and no cash-settled restricted stock units.
F4 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 Financial Officer