Rainer Jueckstock - 04 Mar 2022 Form 4 Insider Report for TENNECO INC

Role: Executive Vice President
Signature: /s/ Thomas J. Sabatino, Jr., Attorney-in-fact for Rainer Jueckstock
Issuer symbol: N/A
Transactions as of: 04 Mar 2022
Net transactions value: -$130,732
Form type: 4
Filing time: 08 Mar 2022, 15:22:08 UTC
Previous filing: 07 Feb 2022
Next filing: 21 Nov 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	$0	+12,771	+17%	$0.000000	89,644	04 Mar 2022	Direct	F1
transaction	TEN	Class A Common Stock	Options Exercise	$0	+6,877	+7.7%	$0.000000	96,521	04 Mar 2022	Direct	F2
transaction	TEN	Class A Common Stock	Disposed to Issuer	$130,732	-6,877	-7.1%	$19.01	89,644	04 Mar 2022	Direct	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	Restricted Stock Units	Options Exercise	$0	-12,771	-50%	$0.000000	12,771	04 Mar 2022	Class A Common Stock	12,771		Direct	F3, F4
transaction	TEN	Cash-Settled Restricted Stock Units	Options Exercise	$0	-6,877	-50%	$0.000000	6,877	04 Mar 2022	Class A Common Stock	6,877		Direct	F2, 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 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.
F3	Reflects vesting of restricted stock units granted to the Reporting Person pursuant to Rule 16b-3. Each restricted stock unit converts into one share of Class A Common Stock.
F4	After giving effect to the transactions reported in this Report, the Reporting Person holds an aggregate 100,846 restricted stock units and 6,877 cash-settled restricted stock units.