Matti Masanovich - Aug 10, 2022 Form 4 Insider Report for TENNECO INC (TEN)

Role: Executive Vice President*
Signature: /s/ Ashley L. Bancroft, Attorney-in-fact for Matti Masanovich
Stock symbol: TEN
Transactions as of: Aug 10, 2022
Transactions value $: -$265,663
Form type: 4
Date filed: 8/12/2022, 04:45 PM
Previous filing: Feb 3, 2022
Next filing: Nov 21, 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	+39.9K	+79.04%	$0.00	90.5K	Aug 10, 2022	Direct	F1
transaction	TEN	Class A Common Stock	Tax liability	-$266K	-14K	-15.47%	$18.98	76.5K	Aug 10, 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	-39.9K	-37.5%	$0.00	66.6K	Aug 10, 2022	Class A Common Stock	39.9K		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 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.
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 183,238 restricted stock units and no cash-settled restricted stock units.

Remarks:

*and Chief Financial Officer