Matti Masanovich - 10 Aug 2022 Form 4 Insider Report for TENNECO INC

Role
Executive Vice President*
Signature
/s/ Ashley L. Bancroft, Attorney-in-fact for Matti Masanovich
Issuer symbol
N/A
Transactions as of
10 Aug 2022
Net transactions value
-$265,663
Form type
4
Filing time
12 Aug 2022, 16:45:28 UTC
Previous filing
03 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 +39,947 +79% $0.000000 90,486 10 Aug 2022 Direct F1
transaction TEN Class A Common Stock Tax liability $265,663 -13,997 -15% $18.98 76,489 10 Aug 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 -39,947 -38% $0.000000 66,578 10 Aug 2022 Class A Common Stock 39,947 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